88 Dunlop Street West

Investment Overview

Avison Young Commercial Real Estate Service, LP has been retained by msi Spergel Inc., in its capacity as Court-appointed Receiver, to offer for sale 88 Dunlop Street West, Barrie, ON (the “Property”). The Property presents the opportunity to acquire a 4,250 sf restaurant building with a prominent corner location in downtown Barrie.

The 0.3-acre property has frontages on both Dunlop Street West and Toronto Street providing excellent signage opportunity and exposure on the main downtown thoroughfare. It is improved with a single-storey restaurant/retail building which has a total of ~25 parking stalls at its west and south elevations and a pylon sign at the southwest corner of the site. It falls under High Density within the Official Plan and is zoned Central Area Commercial allowing for a broad range of commercial and residential uses. This corner site is ideal for future redevelopment and intensification.

The Property’s central location offers a plethora of amenities all within walking distance. The Barrie Transit Terminal is located 1 block away offering convenient access to bus routes which travel throughout the city. The waterfront is a 5-minute walk and offers scenic parks, greenspace beaches and a marina. Barrie City Hall, the Downtown Public Library and Barrie by the Bay mall are all within a 10-minute walk. The location is highly accessible with Highway 400 and the Allendale GO train station both within 2 km. The area is undergoing rapid growth with over 1,500 residential units presently under construction in a 1 km radius and over 8,500 units proposed.