Business For Sale · Office

30 MARY STREET, Barrie (City Centre)

30 MARY STREET, Barrie (City Centre), ON L4N1S8

Price on request

—

Asset Class

Office

Size

—

Building class

B

Zoning

CO — Commercial Office

$ / SF

—

Occupancy

98%

Lot Size

0.23 ac

About this property

OVER 3,800 SQ. FT. OF HIGH-VISIBILITY COMMERCIAL SPACE IN THE HEART OF DOWNTOWN BARRIE! Position your business at a prominent downtown address just steps from Barrie's waterfront, restaurants, shops, entertainment venues and major community events. Directly across from The Sandbox Centre, Simcoe County's Regional Innovation Centre, and the future Lakehead University STEM Hub, the property places entrepreneurs and established businesses within a growing downtown district surrounded by continued investment. Recipient of the 2023 Barrie Heritage Award for Commercial Properties, the beautifully restored brick building offers over 3,800 sq. ft. of professional space with soaring ceilings, oversized windows, crown moulding, updated flooring and abundant natural light. Spacious offices, meeting areas and collaborative spaces provide room for a growing team or client-facing operation. A gated front lawn adds prominent street presence, while parking for 16+ vehicles is a major advantage in the downtown core. Updates include the furnace, air conditioning unit, windows, flooring and paint. Excellent walkability, foot traffic and transit access further support the location, while C2-1 zoning permits a wide range of commercial uses. For a business ready to build a stronger Downtown Barrie presence, this is an address worth putting your name on. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$86K

Annual cash flow

$3K

Cash-on-cash

0.74%

DSCR

1.04

Going-in cap

5.76%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

145,258

Households

63,667

Median income

$74,500

Median age

40.4

Daytime population

235,648

5-yr growth

4.8%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 30 MARY STREET, Barrie (City Centre).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.