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59 Mary Street Barrie, Ontario L4N 1T2

4000 sqft
Forced Air

$1,974,000

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! (id:60365)

Property Details

MLS® Number S12314400
Property Type Multi-family
Community Name City Centre
AmenitiesNearBy Highway, Public Transit

Building

HeatingFuel Natural Gas
HeatingType Forced Air
SizeInterior 4000 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Highway, Public Transit
SizeDepth 132 Ft
SizeFrontage 56 Ft
SizeIrregular 56 X 132 Ft
SizeTotalText 56 X 132 Ft
ZoningDescription C2-1

https://www.realtor.ca/real-estate/28668624/59-mary-street-barrie-city-centre-city-centre

Khawar Ahmed Mansoor
Salesperson


Ipro Realty Ltd.
41 Broadway Ave Unit 3
Orangeville, Ontario L9W 1J7

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