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List Price: $2,275,000

381-387 Mapleview Drive, Barrie, L4N 9G4

- By SUTTON GROUP INCENTIVE REALTY INC.
Office|MLS - #S12146182|New
Bed
3 Bath
5153 Sqft.
Outside/Surface Garage

Client Remarks

Unlock Prime Redevelopment Potential in Barrie's Booming South End. Now available for $2,275,000! 381-387 Mapleview Drive W. offers a rare office investment opportunity with immediate income and long-term upside. Featuring two fully leased office buildings on 0.665 acres with 179' of frontage on Mapleview Drive W., this site currently generates enough income to garner a potential 5.5% cap rate and boasts flexible C4 zoning that allows for many different uses. New Official Plan and draft Zoning designates the property as "Neighbour Area" & "Neighbourhood Commercial" positioning it for future redevelopment in one of Barrie's fastest-growing corridors. Located just west of Essa Road and steps from the Salem Secondary Plan, surrounded by major residential expansion and infrastructure improvements, this property wont last long. View the full brochure to review the investment case. Seller willing to sign headlease and lease back - subject to rental terms and rates (to be negotiated), or provide immediate or planned future vacant possession, at Buyers request and necessity.
Property Description

381-387 Mapleview Drive, Barrie, L4N 9G4

Property type

Office

Lot size

N/A acres

Style

Approx. Area

5153 Sqft

Home Overview

Last check for updates

Virtual tour

N/A

Basement information

Building size

5153

Status

In-Active

Property sub type

Maintenance fee

$N/A

Year built

2024

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381-387 Mapleview Drive, Barrie, L4N 9G4
Nearby Places
Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Commercial PropertiesProperty Management

Mortgage Information

Estimated Payment

$0 Principal and Interest

walking  Walk Score for 381-387 Mapleview Drive

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