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$1,399,900
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Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision City Centre
MLS Listing ID S13415868
Annual Tax Amount $16,822
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Positioned in a high-traffic downtown Barrie location just steps from the Five Points intersection, this well-maintained property holds a strategic Central Area Commercial (C1-1) zoning designation. Capitalizing on its prime downtown footprint, the building features three distinct, active revenue streams, making it a highly adaptable asset for investors, multi-tenant leasing strategies, or business owners intending to operate and live on-site. The main level features a fully operational restaurant space that takes direct advantage of substantial pedestrian traffic and excellent street-level visibility with great patio.. The upper level is configured into two independent residential units operating as established short-term rentals, with each unit featuring private balcony access and panoramic city views. Rare for the downtown core, the property includes dedicated on-site parking to accommodate both retail clientele and overnight residential guests. Offered furnished to ensure an uninterrupted operational transition, the building has benefited from consistent capital maintenance. Mechanical and structural updates include a newer roof, furnace, and central air conditioning system. The robust C1-1 zoning framework secures long-term land utility, permitting a diverse range of future commercial and high-density residential combinations, permits wide-ranging uses including retail stores, offices, personal service establishments, banks, and restaurants, alongside upper-floor multi-residential dwelling units.
Location
Province ON
County Simcoe
Area Simcoe
Interior
Cooling Yes
Exterior
Community Features Public Transit
Utilities Available Yes
Lot Frontage 66.38
Lot Depth 132.6
Building
Building Age 51-99
Others
Security Features Partial
ParcelsYN No
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Listed by ROYAL LEPAGE FLOWER CITY REALTY
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