$10,865,000

500 Bayfield St

Bayfield, Barrie, Ontario, L4M 5A2

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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.

Property Info
MLS®: S7403708
Listing Courtesy of C.D.P. REAL ESTATE LIMITED
Total Bedrooms 0
Total Bathrooms 0
Floor Space 0 sq.ft.
Lot Size 130298 sq.ft.
Style other
Last Updated 2024-06-30
Property Type Investment
Listed Price $10,865,000
Unit Pricing $10,865,000/sq.ft.
Strata Fee $0.00
Tax Estimate $147,576/Year
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