264 Salem Road

Barrie, ON

MLS® 40674953

For sale
$2,950,000

Attention BUSINESS OWNERS, DEVELOPERS & INVESTORS! Perfectly set up for Small Business Owners to live in the residential bungalow with attached triple car garage while operating their home based business (commercial space is 2 levels with 5753 sq ft - former dance studio) adjacent to where they live situated on the same property. Triple car garage & Studio space was built in 2008. Studio space has 3 AC units. The current rural residential zoning allows for Accessory Uses which includes Home Occupation! In the new proposed City of Barrie Zoning By-Law, the subject property is Neighbourhood Low 2 (NL2), which would permit commercial and retail uses since salem rd is identified as a collector road. The commercial area was designed for a Dance Studio but offers plenty of other potential uses such as daycare, pre-school, gym, spa, gymnastics, mma and so many other potential uses (may require minor variances or zoning amendment through city of Barrie). 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. 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.
Property Details
Listing Contract Date
2024-11-04
Property Type
Commercial
Rental Equipment Type
Hot Water Heater
Propane Tank
Community Features
Ample Parking
Building
Basement Type
Full
Building Type
Mixed
Building and Land
Construction Materials
Brick
Stucco
Sewer
Septic Tank
Interior Size
7921 Square Feet
Stories
2
Water Source
Well
Land
Lot Depth
610 ft
Lot Front
210.66 ft
Lot Size Area
4.62
Acres
2-4.99 Acres
Zoning
RR/EP/AGR
HoodQ
Blair Smith
Salesperson
Century 21 B.J. Roth Realty Ltd. Brokerage
Tim Hewitt
Salesperson
Century 21 B.J. Roth Realty Ltd. Brokerage

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Listing ID: 155405133
Last Updated: 2024-11-07 16:52:45
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