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Benefits
Asking Price
$1,099,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
Exceptional Commercial Space | Designed to Impress, Situated to Succeed. Welcome to a beautifully appointed commercial property that blends functionality with sophisticated design, located in a highly sought-after location that ensures maximum visibility & convenience. Located just steps away from Barrie's waterfront, the flexible C4 zoning allows for several potential uses including: Office, Retail, Service, Veterinary, etc. From the moment you arrive, the professionally landscaped grounds, complete with elegant hardscaping & vibrant plantings, set the tone for this standout space. The attractive front signage offers excellent curb appeal & can be easily customized to reflect your brands identity. Step inside through the new front & side entrances (2021) and youre greeted by a stunning large conference room and welcoming seating area, anchored by a modern electric fireplace and a sleek dry bar/coffee stationthe perfect environment to host clients and team meetings. The main level also features two private offices, a well-equipped kitchen area, 1.5 tastefully updated bathrooms, and a secondary meeting area and waiting room, all adorned with durable laminate flooring and tile in the bathroomsa seamless blend of style and practicality. Upstairs, discover an airy, open-concept workspace designed to inspire productivity, complete with another private office featuring four custom-built workstations. Every detail speaks to quality, from the upgraded light fixtures and tilework to the integrated stereo system and wiring for a full security setup. With 10 private parking spaces across two driveways, this property offers rare convenience for both staff and clients. Nearly all windows were replaced in 2021, maximizing natural light and energy efficiency. Whether youre establishing a new business or relocating to a more refined space, this property offers an unbeatable combination of design-forward interiors and a premium locationtruly a place where business can thrive. (id:39198)
Location
Province
Ontario
City
Barrie
Address
Victoria
Postal Code
L4N2H5
Location Highlights
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Listed by
REVEL REALTY INC. Ontario listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
0
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$1,099,000
Asking Price
$1,099,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
N/A
NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
0
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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