Property Description

Prime Downtown Barrie Mixed-Use Investment Opportunity! Exceptional opportunity to own a landmark commercial property in the heart of Downtown Barrie, just steps to Kempenfelt Bay, boutique shopping, restaurants, entertainment, and the city's vibrant waterfront. This well-maintained mixed-use building offers excellent investment potential with multiple income opportunities.The main floor features approximately 1,848 sq. ft. of commercial space, home to a long-established and successful Italian restaurant, benefiting from outstanding street exposure and consistent pedestrian traffic. The lower level offers approximately 1,344 sq. ft. of storage space and public washrooms, providing valuable support for the commercial operation. The second floor consists of a spacious 1,344 sq. ft., owner-occupied two-bedroom apartment, ideal for owner occupancy or additional rental income.Situated on the west side of Mulcaster Street and zoned C1-1 Commercial, the property permits a wide range of commercial, retail, office, service, and mixed-use uses. Located in one of Barrie's most desirable downtown locations, this property is surrounded by year-round events, waterfront trails, marinas, restaurants, and shopping, with convenient access to Highway 400 and GO Transit. A rare opportunity to acquire a high-profile mixed-use property in Barrie's thriving downtown core. (id:7434)