71-73 MARY Street , Barrie

8 Bed / 5 Bath / $1,389,000 / MLS® Listing #:40025308

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Multi-family Income property located in Downtown Barrie offers several opportunities! One side of the building is a 3 storey, 3 unit residential property, with two one-bedroom apartments, and one studio apartment. The other side is currently laid out with a ground floor renovated 1,100SF office, with the 2 floors above it set up as a 5 bdrm residential dwelling. Although the property is zoned C2-1, it has been continuously used as residential from the beginning, so you have the flexibility to finish off the one side to be 3 separate apartments, bringing the total units to 6, or change the use on one or both sides to commercial if thats what you need. See floorplans for details. Asking price represents a 4.49% cap rate. (id:10452)

Property Details

Property Type Multi-family
Square Feet 5156.0000
Maintenance N/A
Days On Our Website 107
Basement Unfinished - Full (Unfinished)
Kitchens
Lot Dimensions under 1/2 acre
Pool N/A
Area Barrie
Air Conditioning N/A
Heating Natural gas - Forced air, Hot water radiator heat
Exterior Brick
Parking Spaces 7
Parking Type Detached Garage,Detached Garage
Sewers Municipal sewage system
Water Municipal water

Listing Office: Maven Commercial Real Estate Brokerage



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