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$1,399,900
Available - For Sale
Listing ID: S13415868
Positioned in a high-traffic downtown Barrie location just steps from the Five Points intersection, this well-maintained property holds a strategic Central Area Commercial (C1-1) zoning designation. Capitalizing on its prime downtown footprint, the building features three distinct, active revenue streams, making it a highly adaptable asset for investors, multi-tenant leasing strategies, or business owners intending to operate and live on-site. The main level features a fully operational restaurant space that takes direct advantage of substantial pedestrian traffic and excellent street-level visibility with great patio.. The upper level is configured into two independent residential units operating as established short-term rentals, with each unit featuring private balcony access and panoramic city views. Rare for the downtown core, the property includes dedicated on-site parking to accommodate both retail clientele and overnight residential guests. Offered furnished to ensure an uninterrupted operational transition, the building has benefited from consistent capital maintenance. Mechanical and structural updates include a newer roof, furnace, and central air conditioning system. The robust C1-1 zoning framework secures long-term land utility, permitting a diverse range of future commercial and high-density residential combinations, permits wide-ranging uses including retail stores, offices, personal service establishments, banks, and restaurants, alongside upper-floor multi-residential dwelling units.
Price $1,399,900
Taxes: $16,822.12
Tax Type: Annual
Occupancy by: Owner+T
Address: 49 Mary Street , Barrie, L4N 1T2, Simcoe
Postal Code: L4N 1T2
Province/State: Simcoe
Legal Description: LT 48 E/S MARY ST PL 115 BARRIE, S/T EAS
Directions/Cross Streets: Dunlop St W & Mary St
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Multi-Use
Use: Hospitality/Food Related
Building Percentage: T
Total Area: 3,438
Total Area Code:  Square Feet
Office/Appartment Area: 1191
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Public Transit  
Approximatly Age: 51-99
Maintenance: 0
Sprinklers: Part
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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ROYAL LEPAGE FLOWER CITY REALTY

49 Mary Street , Barrie, L4N 1T2, Simcoe

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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At a Glance:
Type: Com - Commercial Retail
Area: Simcoe
Municipality: Barrie
Neighbourhood: City Centre
Style:
Lot Size: x 132.60(Feet)
Approximate Age: 51-99
Tax: $16,822.12
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949