18 Mulcaster Street, Barrie (City Centre), Ontario, L4M3M1




$849,900
Barrie
This retail property in Barrie is for sale offering roughly 4,536 sq ft of space.
Prime Downtown Barrie Mixed-Use Investment Opportunity! Exceptional opportunity to own a landmark commercial property in the heart of Downtown Barrie, just steps to Kempenfelt Bay, boutique shopping, restaurants, entertainment, and the city's vibrant waterfront. This well-maintained mixed-use building offers excellent investment potential with multiple income opportunities.The main floor features approximately 1,848 sq. ft. of commercial space, home to a long-established and successful Italian restaurant, benefiting from outstanding street exposure and consistent pedestrian traffic. The lower level offers approximately 1,344 sq. ft. of storage space and public washrooms, providing valuable support for the commercial operation. The second floor consists of a spacious 1,344 sq. ft., owner-occupied two-bedroom apartment, ideal for owner occupancy or additional rental income.Situated on the west side of Mulcaster Street and zoned C1-1 Commercial, the property permits a wide range of commercial, retail, office, service, and mixed-use uses. Located in one of Barrie's most desirable downtown locations, this property is surrounded by year-round events, waterfront trails, marinas, restaurants, and shopping, with convenient access to Highway 400 and GO Transit. A rare opportunity to acquire a high-profile mixed-use property in Barrie's thriving downtown core. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 119 days on market, against an average age of 78 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.
This retail in Barrie (City Centre) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $849,900, about 9.8× the local median household income of $87,000.
Carrying it typically needs a household income of about $166,015 (20% down, 25-yr amortization, stress-tested) — roughly 91% above the area median.
Source: Statistics Canada, 2021 Census (FSA L4M)
Pick a time that suits you. A verified local agent confirms within 24h.
Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.
Inquire about financing →