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Selva Homes
2 Dunlop. 3-9 Clapperton St E
Barrie Simcoe Ontario
$ 12000000
Features
FOR Sale
AC : Y
Garage : None
Tot Area : 0.87
Year Built : 51-99
Heating : Other
Occupancy : Tenant
MLS # : S9354995
Type : Store W/Apt/Office
2024-09-18 04:51:58.0
Description
Prime Commercial Investment Opportunity | Downtown Barrie. This is a rare opportunity to acquire a package of properties in a prime, high-traffic location at 5 Points in downtown Barrie, including 2, 10, 12, 16 Dunlop St. E, as well as 3- 9 Clapperton St.. Situated on the north side of Dunlop offering southern lake views. These properties are located in one of Canadas designated urban growth centers. The area is a hub for redevelopment, making this block a key catalyst in the transformation of downtown Barrie.City Growth and Development: Barrie is actively revitalizing its downtown, with a $300 million two-tower residential/commercial project currently under construction, signaling strong future growth. This land assembly offers an attractive cap rate of 4.5%, making it an excellent investment for those looking to capitalize on the rapid growth and development.