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:4555)
PROPERTY SPECS
Price $1,699,900
City Barrie, Ontario
Bath 4 Full
Address 123 Collier Street
Listing ID S14173784
Style Offices
Land Size 0.25
Type Industrial/Commercial
Status For Sale
Listing Brokerage: ROYAL LEPAGE YOUR COMMUNITY REALTY
EXTENDED FEATURES
SubtypeOfficeFeaturesIrregular lot sizeOwnershipFreeholdHeating / CoolingForced air, Natural gas