500 Bayfield St, Barrie MLS Number: S7403708
Bayfield, Barrie, Simcoe, ON, L4M 5A2$10,865,000
Status: For Sale
- Property Type: Commercial (Investment)
- Property Taxes : $147575.66 (Tax Year:2023)
- Listing Courtesy : C.d.p. Real Estate Limited
Maximum 4 project can be compared at one go.
$10,865,000
Status: For Sale
Investment Opportunity to own busy retail plaza with high traffic exposure on Bayfield Street. Excellent retail and restaurant tenants. Site offers a 4.5% return with triple net leases. Opportunity for redevelopment: As of 2023 the new Official Plan for the City of Barrie has rezoned the site as intensification with no maximum density, with the proviso that one must replace 75% of the existing retail in the new development. Purchaser required to perform own due diligence. Confidentiality Agreement for further information available upon request. Listing Agent has an indirect interest in ownership of property.
Price | : $10,865,000 |
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Property Taxes | :$147575.66 |
Tax Year | :2023 |
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Cross Street | :Bayfield/Livingston |
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Fireplace/Stove | :No |
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