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$ 1,699,900
Est. payment /mo
New
123 COLLIER STREET Barrie, ON L4M1H5
4 Baths
4,720 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 4720
Square Footage 4,720 sqft
Price per Sqft $360
Subdivision City Centre
MLS® Listing ID S14173784
Lot Size 10,890 Sqft
Acres 0.25
Property Description
DENTAL-ANCHORED INVESTMENT IN DOWNTOWN BARRIE'S GROWTH CORE. Fully tenanted mixed use building at Collier & Poyntz, steps from City Hall and the Kempenfelt Bay waterfront. ANCHOR: Lakeview Dental, a 4-operatory practice on a 10-year lease to 2035 plus two 5-year options, backed by $429,236 of tenant-funded build-out. INCOME: four tenancies under one roof, two clinical suites and two residential apartments, plus a detached 3-bay brick garage ready to lease. LAND: approx. 0.25 acres (73 x 149 ft), commercially zoned, with on-site parking, scarce in the downtown core. GROWTH: a 16-storey purpose-built rental is planned on the adjoining lot at 129 Collier, and a 780-unit, two-tower project (29 and 40 storeys) is proposed a short walk away, bringing hundreds of new households to the block. Turnkey dental infrastructure in place. Built for investors and medical or dental owner-users alike. Full investment package available. Private viewings by appointment. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
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