264 SALEM Road, Barrie, Ontario

$3,199,900

7,921 Square Feet

Attention business owners, investors, developers, and builders! Endless possibilities which include living in residential bungalow with attached triple car garage while running your business on the property or generate rental income by creating second suite in basement (rent up and down) plus renting the 2 level 5753 sq ft Studio space out which was built in 2008! The commercial area was designed for a Dance Studio but tons of options for other businesses. Solid rental income potential. 264 Salem road is strategically situated in Barrie's South West annexed land in South West on total 4.62 Acres of prime land in Phase 1 of the Salem Secondary Plan. Barrie's new official plan designates the land use as (Neighbourhood Area & Natural Heritage System) which allows for Residential development. 210 ft of frontage on Salem Rd. Large Residential bungalow was built in 1967 and is 2168 sq ft above grade which consists of 4 spacious bedrooms at 2 full bathrooms. Nicely updated main level with hardwood floors, updated kitchen with stainless steel build in appliances. This unique property has 1 well plus 2 septic systems on the property. Very private property with beautiful trees edging the land. (id:56241)

Listing ID: 40596527
Property Type: Office

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Details

Equipment: Propane Tank, Water Heater
Ownership: Freehold
Rental Equipment: Propane Tank, Water Heater
Transaction: For sale
Zoning Description: RR/EP/AGR

Building

BasementType: Full
Exterior Finish: Brick, Stucco
Fireplace Present: False
Size Exterior: 7921.0000
Size Interior: 7921 sqft
Stories Total: 2
Utility Water: Well

Land

Acreage: true
Sewer: Septic System
Size Frontage: 211 ft
Size Irregular: 4.62
Size Total: 4.62 ac|2 - 4.99 acres

Listing provided by Century 21 B.J. Roth Realty Ltd. Brokerage
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property, located at 264 SALEM Road in Barrie Ontario, was last modified on May 31st, 2024. Contact Shelly Paul to schedule a viewing or to find other properties for sale in Barrie.

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