$1,600,000

8 Essa Road

Barrie ON, L4N 3K3

Description

8 Essa Road was originally Webb's jewelry store as of 1893. This building features victorian architecture located in one of Barrie's main corridors minutes from Lake Simcoe offering excellent exposure opportunities. This is a positive cash flow producing property with potential for increases. The property's gross income is $80,988.00, after expenses it is currently producing a net income of $57,193.00. Barrie's growth rate is exponential and here is an opportunity to have a turn-key investment in one of Canada's fastest growing cities. This property abuts Allandale GO-Station making it more than ideal for future development and a fantastic addition to any landlord or investor's portfolio.

Details

MLS#40024059
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site73

Features

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Area Information
ProvinceON
CountySimcoe County
CityBarrie
Postal CodeL4N 3K3
AreaBarrie
Listing VS Median (in L4N 3K3)
Price:
$1,600,000
low | high
Med:
$824,500
98.46875% of Average
On Site:
73
low | high
Med:
156
46.794871794872% of Average
Listing Updated: December 2, 2020 8:00:53 PM PST
Matthew Metzler LogoMLS Number: 40024059
Listing Provided By:
Matthew Metzler  of  Exit Lifestyle Realty Brokerage
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