REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,974,000
Est. payment /mo
New
59 Mary ST Barrie, ON L4N 1T2
4,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $493
Subdivision City Centre
MLS Listing ID S12314400
Annual Tax Amount $5,427
Tax Year 2024
Property Sub-Type Investment
Property Description
Prime Downtown Barrie Investment Opportunity Mixed-Use Zoning with High Income Potential Nestled in the vibrant core of downtown Barrie, these two well-positioned semi-detached properties present a rare and lucrative investment opportunity. The building consists of four separate apartments, making it an ideal live-and-invest scenario where you can reside in one unit while the rental income from the others covers your mortgage. With strong demand for downtown housing, this setup ensures steady cash flow and long-term financial benefits .Adding even greater value is the property's commercial zoning (C2-1), which opens the door to a wide range of professional and retail uses. Whether you envision a medical office, dental clinic, law firm, accounting practice, real estate agency, or boutique retail space, the possibilities are vast. The prime downtown location guarantees high visibility and foot traffic, making it equally attractive for business owners and investors alike. Convenience is key, with easy access to shops, restaurants, transit, and Barrie's scenic waterfront. The property also boasts a highly desirable 10+ parking spaces a rarity in the downtown area enhancing its appeal to tenants and customers. Whether you're looking for a smart investment, a live-work arrangement, or a business expansion opportunity, this property delivers unmatched flexibility and profitability. Don't miss your chance to own a high-performing asset in one of Barrie's most dynamic neighborhoods. Schedule a viewing today!
Location
Province ON
County Simcoe
Community City Centre
Area Simcoe
Interior
Cooling No
Exterior
Community Features Major Highway, Public Transit
Utilities Available Available
Lot Frontage 56.0
Lot Depth 132.0
Listed by IPRO REALTY LTD.