For Lease · Land

538 TIFFIN STREET, Barrie (400 North)

538 TIFFIN STREET, Barrie (400 North), ON L4N9W8

Price on request

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Asset Class

Land

Size

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Building class

A

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

90%

About this property

Prime Commercial/Storage Leasing Opportunity in Barrie! Strategically located on Tiffin Street, this highly versatile 60' x 220' lot offers incredible potential for your business needs. The front 60' x 150' portion has been newly cleared, leveled, and expertly graded, providing a clean slate ready for immediate use. The property features a secure swing gate for controlled access and peace of mind. Excellent utility flexibility: municipal water is available at the property, and the landlord is willing to bring in electrical service tailored to your requirements. Ideal for vehicle/equipment storage, a staging yard, or logistics. Bring your business vision to this high-traffic, easily accessible location! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$76K

Annual cash flow

$-7K

Cash-on-cash

-1.54%

DSCR

0.92

Going-in cap

5.08%

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

128,969

Households

46,317

Median income

$105,000

Median age

32.4

Daytime population

142,708

5-yr growth

8%

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

Secure deal room

Confidential diligence documents for 538 TIFFIN STREET, Barrie (400 North).

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.