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$ 1,999,900
Est. payment /mo
Active
72 HIGH Street Barrie, ON L4N1W4
5,519 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 5,519 sqft
Price per Sqft $362
Subdivision Ba06 - Lakeshore
MLS® Listing ID 40691663
Originating Board Barrie & District Association of REALTORS® Inc.
Year Built 1882
Lot Size 0.342 Acres
Acres 14897.52
Property Sub-Type Freehold
Property Description
ENDLESS POSSIBILITIES FOR LIVING, WORKING, & INVESTING! Perfectly positioned to capitalize on Barrie's 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 property's 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 investor's needs, whether for apartments, residential living, commercial ventures such as a medi spa, or professional offices. It's 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. (id:24570)
Location
Province ON
Exterior
Parking Features No
Fence Fenced yard
Community Features High Traffic Area
View Y/N No
Total Parking Spaces 12
Private Pool No
Building
Story 3
Sewer Municipal sewage system
Others
Ownership Freehold
Virtual Tour https://youtu.be/M6R8fMyXxLo
Listed by Re/Max Hallmark Peggy Hill Group Realty Brokerage