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$ 12,000,000
Est. payment | /mo
$ 12,000,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID S9354995
Annual Tax Amount $93,728
Tax Year 2024
Property Description
Prime Commercial Investment Opportunity | Downtown Barrie. This is a rare opportunity to acquire a package of properties in a prime, high-traffic location at 5 Points in downtown Barrie, including 2, 10, 12, 16 Dunlop St. E, as well as 3- 9 Clapperton St.. Situated on the north side of Dunlop offering southern lake views. These properties are located in one of Canadas designated urban growth centers. The area is a hub for redevelopment, making this block a key catalyst in the transformation of downtown Barrie.City Growth and Development: Barrie is actively revitalizing its downtown, with a $300 million two-tower residential/commercial project currently under construction, signaling strong future growth. This land assembly offers an attractive cap rate of 4.5%, making it an excellent investment for those looking to capitalize on the rapid growth and development.
Location
State ON
County Simcoe
Community City Centre
Area Simcoe
Region City Centre
City Region City Centre
Interior
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Lot Depth 66.66
Others
Security Features Partial
Listed by PINE TREE REAL ESTATE BROKERAGE INC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "