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7% Cap RATE Prime investment opportunity in the heart of Barrie, just steps from the GO station! This fully occupied, mixed-use property is perfect for investors, business owners, and developers, with potential for future condo projects. Zoned for both commercial and residential use, it offers a 3,240 sq ft retail space, a 660 sq ft two-bedroom loft apartment renting for $1,700+, a full basement, 400 sq ft garage, and parking for 17 cars. Ideal for a law office, vet clinic, dental practice, real estate office, and more, this well-maintained property features numerous upgrades, including a new furnace (2019), roof (2018), and Unilock walkway (2017). The owner, in business for 28 years, is open to continuing operations while new tenants move in, providing extra income. Vendor Take-Back (VTP) financing available don't miss this prime opportunity! (id:51158)
| MLS® Number | S11969469 |
| Property Type | Retail |
| Community Name | City Centre |
| Farm Type | Other |
| Parking Space Total | 15 |
| Appliances | All, Window Coverings |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Exterior | 9741.33 Sqft |
| Size Interior | 9741 Sqft |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 154 Ft ,4 In |
| Size Frontage | 63 Ft ,3 In |
| Size Irregular | Bldg=63.29 X 154.35 Ft |
| Size Total Text | Bldg=63.29 X 154.35 Ft |
| Zoning Description | C2-1 |
https://www.realtor.ca/real-estate/27907115/169-bayfield-street-barrie-city-centre-city-centre
Get More info About:169 Bayfield Street Barrie (City Centre), Mls# S11969469
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