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Executive Summary

A rare chance to own a mixed-use property in one of Barrie’s most high-traffic locations, just steps from Five Points. Featuring three distinct income streams, the main level is currently home to a restaurant while the upper floor includes two short-term rental units, each with balcony access and city views. On-site parking ensures convenience for both customers and guests. The versatile layout makes this property ideal for investors seeking multiple revenue sources, business owners wanting to operate and live on-site, or those looking to continue leveraging the established short-term rental income. Exceptionally well maintained and offered furnished for a turnkey transition, with recent upgrades including a newer furnace, A/C and roof. Don’t miss this opportunity to secure a prime downtown asset with strong income potential.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,010 SF
Year Built
1860
Price
$1,399,900 CAD
Price Per SF
$465.08 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Parking
10 Spaces (3.32 Spaces per 1,000 SF Leased)
Frontage
31’ on Mary St

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • The North Restaurant
  • Accommodation and Food Services
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
The North Restaurant Accommodation and Food Services - - -
Very walkable
80/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
70/100

Nearby Major Retailers

Orangetheory Fitness
Smoke's Poutinerie
CIBC
The WORKS Craft Burgers & Beer
Royal Bank of Canada
Tim Hortons
TD Canada Trust
Scotiabank
BMO
No Frills
  • Listing ID: 37443233

  • Date on Market: 2025-08-27

  • Last Updated:

  • Address: 49 Mary St, Barrie, ON L4N 1S9

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