381-387 Mapleview Drive W Barrie, Ontario L4N 9G4
$2,275,000
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. (id:53661)
Business
| Business Type | Other |
| Business Sub Type | Professional office(s) |
Property Details
| MLS® Number | S12146182 |
| Property Type | Office |
| Neigbourhood | Holly |
| Community Name | Holly |
| Amenities Near By | Highway, Public Transit |
| Features | Irregular Lot Size |
| Parking Space Total | 25 |
Building
| Bathroom Total | 3 |
| Age | 31 To 50 Years |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 5,153 Ft2 |
| Type | Offices |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Highway, Public Transit |
| Size Depth | 189 Ft |
| Size Frontage | 179 Ft ,3 In |
| Size Irregular | 179.33 X 189 Ft |
| Size Total Text | 179.33 X 189 Ft |
| Zoning Description | C4 (sp-334) |
https://www.realtor.ca/real-estate/28307848/381-387-mapleview-drive-w-barrie-holly-holly
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May 14 2025 02:40:21
Toronto Regional Real Estate Board
Sutton Group Incentive Realty Inc.
