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Est. payment | /mo
4,900 SqFt
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Est. payment | /mo
4,900 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,900 sqft
Subdivision City Centre
MLS Listing ID S13237960
Annual Tax Amount $35,318
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Exceptional retail investment opportunity in the heart of downtown Barrie. This ~4,900 SF freehold property is 100% occupied by Royal Bank of Canada, a premier AAA-rated covenant and long-standing tenant since 1971. The current lease term extends to October 31, 2027, with one 3-year renewal option. The property sits on a premium 0.256-acre corner lot with excellent dual frontage on Bayfield Street and Colliers Street, complemented by a dedicated 16-space parking lot with access from Bayfield through to Clapperton Street. Strategically located in Barrie's designated Urban Growth Centre within the Greater Golden Horseshoe Growth Plan. Strong demographics: 60,000 residents within 3 km with average household income of $107,134. Two major condominium developments in preconstruction within ~400 meters will further enhance the trade area. Downtown Barrie offers year-round appeal as a recreational destination on Kempenfelt Bay, with proximity to waterfront amenities, cultural attractions, and direct highway access to Toronto
Location
Province ON
County Simcoe
Area Simcoe
Zoning C1-2
Interior
Cooling Yes
Inclusions BUYER TO CONFIRM VIA LEASE REVIEW
Exterior
Community Features Major Highway
Utilities Available Yes
Lot Frontage 127.0
Lot Depth 116.0
Building
Building Age 51-99
Others
Security Features No
ParcelsYN No
Listed by JONES LANG LASALLE REAL ESTATE SERVICES, INC.
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