$1,389,000

71-73 Mary Street

Barrie ON, L4N 1T2

Description

Multi-family Income property located in Downtown Barrie offers several opportunities! One side of thebuilding is a 3 storey, 3 unit residential property, with two one-bedroom apartments, and one studioapartment. The other side is currently laid out with a ground floor renovated 1,100SF office, with the 2floors above it set up as a 5 bdrm apartment. Although the property is zoned C2-1, it has been continuouslyused as residential from the beginning, so you have the flexibility to finish off the one side to be 3 separateapartments, bringing the total units to 6, or change the use on one or both sides to commercial if thatswhat you need. See floorplans for details. Asking price represents a 4.87% cap rate.

Details

MLS#40029895
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site26

Features

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Area Information
ProvinceON
CountySimcoe County
CityBarrie
Postal CodeL4N 1T2
AreaBarrie
Listing VS Median (in L4N 1T2)
Price:
$1,389,000
low | high
Med:
$1,389,000
50% of Average
On Site:
26
low | high
Med:
27
96.296296296296% of Average
Listing Updated: 10/30/2020
Stephanie Maye LogoMLS Number: 40029895
Listing Provided By:
Stephanie Maye  of  Maven Commercial Real Estate Brokerage
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