381-387 MAPLEVIEW DRIVE W, Barrie, Ontario, L4N 9G4

MLS® # S12542608

Commercial For Sale In Barrie, Ontario

$2,175,000

None Beds

3 Baths

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387 Mapleview Dr W - 381-387 Mapleview Drive W, Barrie, ON

381 Mapleview Dr W - 381-387 Mapleview Drive W, Barrie, ON

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MULTIMEDIA

381-387 MAPLEVIEW DRIVE W, Barrie, Ontario, L4N 9G4

$2,175,000

Property Information:

Unlock Prime Redevelopment Potential in Barrie's Booming South End. Now available for $2,175,000! 381-387 Mapleview Drive W. offers a rare office investment opportunity with immediate income and long-term upside. Featuring two fully leased office buildings on 0.665 acres with 179' of frontage on Mapleview Drive W., this site currently generates enough income to garner a potential more than a 5.0% cap rate and boasts flexible C4 zoning that allows for many different commercial (retail and office) uses. New Official Plan and draft Zoning designates the property as "Neighbour Area" & "Neighbourhood Commercial" positioning it for future redevelopment in one of Barrie's fastest-growing corridors. Located just west of Essa Road and steps from the Salem Secondary Plan, surrounded by major residential expansion and infrastructure improvements, this property wont last long. View the full brochure to review the investment case. Seller willing to sign headlease and lease back - subject to rental terms and rates (to be negotiated), or provide immediate or planned future vacant possession, at Buyers request and necessity. (id:27)

Building Features:

Style: Office
Building Type: Offices
Air Conditioning: Yes
Floor Space: 5153 sqft
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Fully air conditioned

Property Features:

Property Type: Office
Bathrooms: 3
Amenities Nearby: Highway, Public Transit
Features: Irregular lot size
Floor Space (approx): 5153 Square Feet
Lot Depth: 189.0 Feet
Lot Frontage: 179.3 Feet
Zoning: C4 (SP-334)
No. of Parking Spaces: 25

Courtesy of: SUTTON GROUP INCENTIVE REALTY INC.

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Market Price Trends

All Properties

-2.33%

Price change (1 year)

29.45%

Price change (5 years)

Location of 381-387 MAPLEVIEW DRIVE W, Barrie, Ontario, L4N 9G4

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: Moderate

14 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

45/100

Moderate

ClimateCheck®

Current data

This property, 381-387 MAPLEVIEW DRIVE W , experiences 7 hot days per year at around 31 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 34.6 degrees Celsius.

Projected Avg. Temperature

Past

31℃

2050

34.6℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

14 storms expected in 2050

59/100

Moderate

ClimateCheck®

Current data

This property, 381-387 MAPLEVIEW DRIVE W , experiences 11 significant 2-day storms per year, with about 295mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 367.9mm of precipitation per year.

Precipitation Per Storm

Past

295mm

2050

367.9mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 381-387 MAPLEVIEW DRIVE W, Barrie, Ontario, L4N 9G4

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$117,525.38

Average Number of Children

1.78

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.85 %

High school certificate or equivalent

34.44 %

Apprenticeship trade certificate/diploma

6.96 %

College/non-university certificate

23.42 %

University certificate (below bachelor)

0.7 %

University Degree

16.63 %

Commuter

Travel To Work

By Car

90.81 %

By Public Transit

2.69 %

By Walking

2.95 %

By Bicycle

0.0 %

By Other Methods

3.55 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

5.21 %

Houses

94.79 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

All Properties

Location of 381-387 MAPLEVIEW DRIVE W, Barrie, Ontario, L4N 9G4

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 381-387 MAPLEVIEW DRIVE W, Barrie, Ontario, L4N 9G4

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

381-387 MAPLEVIEW DRIVE W, Barrie, Ontario, L4N 9G4

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing