For Sale - 19 Dunlop Street, Barrie, Ontario

Est payment $19,084/mo
Views   1
Time on Jump  29 day
  • Solid concrete walk-up building featuring 15 large one-bedroom suites.
  • Vacant commercial space of 2200 sf in shell condition for various uses.
  • Double glazed windows and brick exterior for durability and insulation.
  • Onsite laundry and storage lockers for tenant convenience.
  • Great location near the lake and commercial core with rental upside potential.



Welcome to dunlop apartments. This is a solid concrete top to bottom walk up rental building containing 15 large one bedroom suites and a sub basement commercial space of around 2200 sf which is now vacant and in shell condition. The building has double glazed windows, brick exterior and flat roof. There are two front entrances - one for the residential and one for the commercial. There is onsite laundry and lockers in the basement. The site is at the "5 points" and walking distance to the lake and the commercial core. Tenants pay hydro and gas. Plus 15 foot ceilings. Potential add a loft style bedroom to each suite making rental upside over 30% here. Common areas all painted and upgraded. Asking price is a 5. 5% cap. Great first time buyer building with low maintenance, great location and rental upside.
Listing IDS12555990
Address19 Dunlop Street
CityBarrie, Ontario
Price$3,850,000
StyleInvestment
Land Size5394
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentBasement 1Heating / Cooling Other
ASAP

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Listing Agency:  COMMERCIAL FOCUS REALTY INC.
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19 Dunlop Street
Barrie , Ontario
$3,850,000
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