Business For Sale · Office

27 VICTORIA STREET, Barrie (City Centre)

27 VICTORIA STREET, Barrie (City Centre), ON L4N2H5

$899,900 total

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Asset Class

Office

Size

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Building class

B

Zoning

CB2 — Central Business

$ / SF

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Occupancy

95%

Lot Size

0.13 ac

About this property

Exceptional Commercial Space | Designed to Impress, Positioned for Success Welcome to a beautifully appointed commercial property where sophisticated design, functionality, and an exceptional location come together. Fully updated in 2021/2022. Ideally situated just steps from Barrie's waterfront, this highly visible property offers convenience and versatility with flexible C4 zoning supporting a variety of uses, including office, retail, service, veterinary, and more. The attractive front signage offers excellent visibility and can be customized to showcase your brand identity. Step inside through the updated front and side entrances (2021) to a thoughtfully designed interior featuring a stunning conference room and welcoming seating area, highlighted by a modern electric fireplace and sleek dry bar/coffee station-an ideal space for client meetings and collaboration.The main level also offers two private offices, a well-equipped kitchen area, 1.5 updated bathrooms, a secondary meeting area, and waiting room, all finished with durable laminate flooring and stylish tile accents.Upstairs, discover a bright, open-concept workspace designed for productivity, complete with an additional private office featuring four custom-built workstations. Quality upgrades include modern light fixtures, updated tilework, an integrated stereo system, and wiring for a full security setup. Nearly all windows were replaced in 2021, enhancing natural light and energy efficiency. With 10 private parking spaces across two driveways, this property provides exceptional convenience for staff and clients. Only 1.4km from Barrie's future $26MM multi-purpose sports and entertainment facility. Whether establishing a new business, expanding operations, or relocating to a refined workspace, this property offers the perfect combination of premium location, impressive design, and turnkey functionality-a space where businesses can thrive. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$900K
Down payment30% · $270K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$64K

Annual cash flow

$14K

Cash-on-cash

5.15%

DSCR

1.28

Going-in cap

7.09%

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

55,793

Households

23,205

Median income

$98,500

Median age

31.2

Daytime population

88,219

5-yr growth

7.3%

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

Secure deal room

Confidential diligence documents for 27 VICTORIA 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.