$5,080,000

31 Dunlop Street E

Barrie ON, L4M 1A2

Description

Highly Desirable Mixed-Use Building: 12 Residential Apartments Plus 2 Commercial Suites That Are Home To A Top-Rated Restaurant With Stunning Lake Views From The Dining Room And Patio Plus A Top-Rated Busy Barbershop. This Building Is Centrally Located In The Nicest Part Of Downtown Barrie Across From The Lake And Steps Away From The New Outdoor Event Centre, Meridian Place. This Building Was Reconstructed In 2007 To Include An Elevator, Full Sprinkler System With Monitored Fire Alarms. The Property Includes 16 Parking Spaces. 9 Of The Residential Suites Have South-Facing Balconies And Stunning Water Views. 7 Of The Suites Have Been Substantially Improved, 5 Suites Are Leased Substantially Below Market Rate So There's An Opportunity To Add Value When They Become Vacant. The City Completed Attractive New Sidewalks To Accommodate Restaurant Patios Along Dunlop Street Making This A Highly Desirable Place To Live.

Details

MLS#40014972
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site50

Features

SQ Feet20,000
Units2
Building(s)1
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Area Information
ProvinceON
CountySimcoe County
CityBarrie
Postal CodeL4M 1A2
AreaBarrie
Listing VS Median (in L4M 1A2)
Price:
$5,080,000
low | high
Med:
$5,080,000
50% of Average
SqFt:
20,000
low | high
Med:
20,000
50% of Average
$ / SqFt:
$254
low | high
Med:
$254
50% of Average
On Site:
50
low | high
Med:
50
100% of Average
Listing Updated: 10/19/2020
Paul Lynch LogoMLS Number: 40014972
Listing Provided By:
Paul Lynch  of  Red Real Estate Brokerage
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