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170 Bradford St 2,000 SF 100% Leased Office Building Barrie, ON L4N 3B5 $2,999,900 CAD ($1,499.95 CAD/SF) 5% Cap Rate



Executive Summary
Attention All Investors!!! A rare opportunity to acquire a fully renovated, stabilized investment property in one of Barrie's rapidly evolving downtown neighbourhoods. Unlike many income properties requiring significant capital investment or rent turnover, this asset has already undergone extensive improvements and is fully leased at market rents, offering immediate, reliable cash flow. Ideally situated just a two-minute walk from the waterfront, GO Train Station, and an abundance of downtown amenities, the property is well-positioned for long-term appreciation and strong tenant demand. The mixed-use building features eight residential apartments and two commercial units. One of the commercial spaces presents an excellent opportunity for an owner-occupier to operate their business on the ground floor while maintaining a convenient on-site presence to oversee the property. Each residential unit is equipped with its own wall-mounted heat pump for efficient heating and cooling, with baseboard heating as supplemental heat. All units are separately metered, with tenants responsible for their own hydro and water, helping to minimize operating expenses and simplify property management. An updated rent roll, current lease information, and additional documentations are available in the attachments for qualified buyers' review. Book your private showing today! (43542003)
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
2,000 SF
Building Class
B
Year Built
1900
Price
$2,999,900 CAD
Price Per SF
$1,499.95 CAD
Cap Rate
5%
NOI
$149,995 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
766 SF
Building FAR
0.16
Lot Size
0.28 AC
Zoning
C4
Parking
14 Spaces (7 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Very bikeable
80/100
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170 Bradford St
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