500 Bayfield Street, Barrie | Image 1

500 Bayfield Street

Barrie, Bayfield

  • Commercial

$XX,XXX,XXX
For Sale

Added 3 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: C4

  • Age: No Data

  • Taxes: 147575.66

  • MLS®#: S7403708

  • Days on Site: 79 Days

  • Added: Jan 16, 2024 (3 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: C.D.P. REAL ESTATE LIMITED

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.

Extras

Legal Description Continued: S/T ease over pts 17, 28, 20, 21 51R30250 as in LT483217, LT 483229, LT483235; T/W ease as in LT483237; *T/W ease in R0410549 and confirmed by LT483242 *entered 2001/05/30 - D. Penton; Barrie

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Retail

  • Area: Barrie

  • Community: Bayfield

  • Availability Date: IMMED/TBA

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Heat Type: Gas Forced Air Closd

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: Y

  • Outside Storage: N

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2023

  • Tax Legal Description: Pt. Lot 19, Con 5, Vespra, Pts 1 to 11 & 15 to 20 51R27013; S/T

  • Taxes: $147,576

  • Taxes Type: Annual

Land

  • Cross Street: Bayfield/Livingston

  • Municipality District: Barrie

  • Parcel Number: 589260045

  • Lot Depth: 454 Feet

  • Lot Frontage: 287 Feet

  • Lot Irregularities: Irregular Dimensions

  • Zoning: C4

Commercial Specific

  • Retail Area: 17454

  • Retail Area Metric: Sq Ft

  • Sprinklers: Y

  • Total Area: 2.2

  • Total Area Metric: Acres

  • Area Influence: Major Highway

  • Lot Code: Lot

  • Financial Statement: N

Map of 500 Bayfield Street, Barrie
7-8

ÉIC Nouvelle-Alliance

Elementary: Catholic
1.92 km
JK-8

St Marguerite d'Youville Elementary School

Elementary: Catholic
0.59 km
JK-8

Cundles Heights Public School

Elementary: Public
1.08 km
JK-8

Sister Catherine Donnelly Catholic School

Elementary: Catholic
0.92 km
JK-8

Terry Fox Elementary School

Elementary: Public
0.75 km
JK-8

West Bayfield Elementary School

Elementary: Public
0.97 km
9-12

Barrie Campus

Secondary: Public
1.56 km
9-12

ÉSC Nouvelle-Alliance

Secondary: Catholic
1.93 km
9-12

Simcoe Alternative Secondary School

Secondary: Public
3.58 km
9-12

St Joseph's Separate School

Secondary: Catholic
2.14 km
9-12

Barrie North Collegiate Institute

Secondary: Public
2.21 km
9-12

Eastview Secondary School

Secondary: Public
4.03 km