49 Mary Street

Barrie, ON L4N 1T2

Positioned in a high-traffic downtown Barrie location just steps from the Five Points intersection, this well-maintained property holds a strategic Central Area Commercial (C1-1) zoning designation. Capitalizing on its prime downtown footprint, the building features three distinct, active revenue streams, making it a highly adaptable asset for investors, multi-tenant leasing strategies, or business owners intending to operate and live on-site. The main level features a fully operational restaurant space that takes direct advantage of substantial pedestrian traffic and excellent street-level visibility with great patio.. The upper level is configured into two independent residential units operating as established short-term rentals, with each unit featuring private balcony access and panoramic city views. Rare for the downtown core, the property includes dedicated on-site parking to accommodate both retail clientele and overnight residential guests. Offered furnished to ensure an uninterrupted operational transition, the building has benefited from consistent capital maintenance. Mechanical and structural updates include a newer roof, furnace, and central air conditioning system. The robust C1-1 zoning framework secures long-term land utility, permitting a diverse range of future commercial and high-density residential combinations, permits wide-ranging uses including retail stores, offices, personal service establishments, banks, and restaurants, alongside upper-floor multi-residential dwelling units.

Listing courtesy of ROYAL LEPAGE FLOWER CITY REALTY

Listing information is provided by Participants of the Toronto Real Estate Board. VOW information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Toronto Real Estate Board
Last checked 2026-11-01 02:03 PM UTC