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Last Updated : 757 Days ago
761 Bayview Dr, Barrie, Ontario, 400 East

761 Bayview Dr, Barrie MLS Number: S8350672

400 East, Barrie, Simcoe, ON, L4N 9A5

$4,500,000

Status: OFF MARKET

  • Property Type: Commercial (Industrial)
  • Property Taxes : $26685.30 (Tax Year:2024)
  • Listing Courtesy : Sutton Group Incentive Realty Inc.

761 Bayview Dr Property Description

Industrial investment opportunity in Barrie's south end. General Industrial (GI) zoning, allows for robust industrial uses. Building and site are well maintained. Three (3) Units total, one (Unit A) is currently occupied by Owner (4,800SF). Unit B, 2,400SF unit with Tenant, Unit C&D occupied by same Tenant. Tenant NNN leases expire in 2027, sign CA to for review of lease documents. Seller willing to lease back their current unit upon negotiated lease following completion. Approximate NOI $155,000. Mix of dock level and drive in doors. 22' clear. Three Phase, 600 Volts. Site has ample outdoor storage opportunity at rear, or space for potential expansion. Located a short drive from Mapleview & Hwy 400. On Barrie Transit route. Rare opportunity to own an investment with highly demanded units. Very low vacancy in industrial market due to high demand in Simcoe County area. Market rates have continuously increased over the past 10 years, with no end in sight.

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761 Bayview Dr Property Facts

Property Type :Commercial
MLS Number :S8350672
Listing Type :Sale
Possession Date :
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Last Updated :27 May, 2024 (757 Days ago)
Source :TRREB
Area :Simcoe
Postal Code : L4N 9A5
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761 Bayview Dr Property Price & Tax Insights

Price : $4,500,000
Property Taxes :$26685.30
Tax Year :2024

761 Bayview Dr, Barrie Property Details

Cross Street :North Of Lockhart Road

761 Bayview Dr, Barrie - Price History

2024-05

17 May, 2024

TREB #S8350672

Available

$4500000.0

761 Bayview Dr - Location Map and Landmarks

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