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Barrie,ON L4N 1W4
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,519 sqft
Price per Sqft $362
Subdivision Queen'S Park
MLS Listing ID S11932172
Annual Tax Amount $9,460
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
ENDLESS POSSIBILITIES FOR LIVING, WORKING, & INVESTING! Perfectly positioned to capitalize on Barries growth, this versatile 5,500+ sq ft property is located near the waterfront, vibrant downtown, and the expanding Lakehead University STEM hub. Situated in a high-traffic area with excellent visibility and foot traffic, it offers investors exceptional income potential and unmatched versatility. The propertys flexible layout includes expansive office spaces, meeting rooms, and reception areas, fully wired for network, phone, and Wi-Fi. These spaces can be tailored to suit the investors needs, whether for apartments, residential living, commercial ventures such as a medi spa, or professional offices. Its a perfect opportunity to run your business out of the main building while generating rental income from the self-contained two-bedroom, two-bathroom suite and the stunning short-term rental suite. The renovated two-bedroom suite features modern finishes, a bright open-concept living/dining area, in-suite laundry and updated bathrooms. The short-term rental suite boasts a private balcony, a gourmet kitchen with rich wood cabinetry, granite countertops, a central island, stainless steel appliances, and stylish lighting. This suite also offers a spacious open-concept bedroom and loft area with vaulted ceilings, a fireplace, and a lavish bathroom presenting a soaking tub, walk-in shower, double vanity, and elegant chandelier. Recent updates include two newer A/C units, two furnaces, updated electrical systems, newer shingles, freshly painted interiors with soaring 11 ft ceilings, and a regraded, paved driveway with parking for 12 vehicles. Conveniently located near transit, parks, schools, and amenities, this property is ideally situated in a thriving area that attracts both residents and businesses. With extensive updates and endless possibilities for residential or commercial use, this rare investment opportunity is perfectly poised to deliver impressive returns.
Location
Province ON
County Simcoe
Community Queen'S Park
Area Simcoe
Rooms
Kitchen 2
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Depth 190.0
Others
Security Features Yes
Virtual Tour https://youtu.be/M6R8fMyXxLo