72 High Street, Barrie | Image 1

72 High Street

Barrie, Queen's Park

  • Commercial

$1,999,900
For Sale

Added 16 hours ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Zoning: RM2

  • Age: 100+ years

  • Taxes: 9460.38

  • MLS®#: S11932172

  • Added: Jan 20, 2025 (16 hours ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: RE/MAX HALLMARK PEGGY HILL GROUP REALTY

ENDLESS POSSIBILITIES FOR LIVING, WORKING, & INVESTING! Perfectly positioned to capitalize on Barries 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 propertys 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 investors needs, whether for apartments, residential living, commercial ventures such as a medi spa, or professional offices. Its 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.

Property

  • Status: Sale

  • Property Type: Commercial/Retail

  • Property Type: Multi-Use

  • Age: 100+

  • Area: Barrie

  • Community: Queen's Park

  • Availability Date: Flexible

Inside

  • Bathrooms: 3

  • Air Conditioning: Y

  • Washrooms: 3

Utilities

  • Utilities: Available

Building

  • Heat Type: Gas Forced Air Closd

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 12

Fees

  • Tax Year: 2024

  • Tax Legal Description: LT 10 W/S HIGH ST PL 129 PT LT 11 W/S HIGH ST PL 129 BARRIE & PT

  • Taxes: $9,460

  • Taxes Type: Annual

Land

  • Cross Street: Dunlop St W/High St

  • Municipality District: Barrie

  • Parcel Number: 587980372

  • Lot Depth: 190 Feet

  • Lot Frontage: 76.37 Feet

  • Zoning: RM2

Additional Media

  • Virtual Tour: https://youtu.be/M6R8fMyXxLo

Commercial Specific

  • Retail Area Metric: Sq Ft

  • Sprinklers: Y

  • Total Area: 5519

  • Total Area Metric: Sq Ft

  • Lot Code: Lot

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Map of 72 High Street, Barrie
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