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49 Mary Street

49 Mary Street

Barrie, ON

  • 3,438 sqft
  • Commercial Retail
  • 90 days on market
$1,399,900

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 Details

Taxes (2025)
$16,822
Listed
June 8, 2026

Price History

Listing history

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Property

Age
51-99
Lot Size
66.38 x 132.6 Feet

Parking

Garage
None

Location & Legal

Cross Street
Dunlop St W & Mary St
Zoning
C1-1
Parcel Number
587990075
Possession
Flexible
Occupancy
Owner+Tenant

Commercial

Business Type
Hospitality/Food Related
Office / Apartment Area
1191 Sq Ft

Community

Postal area L4N

Population
100,835
Private dwellings
37,801
Median age
39.6
Average household size
2.7
Median household income
$97,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Barrie · last 12 months

Median sold price
$655,000
Homes sold
1,924
Median days on market
26
Sale-to-list price
97.4%

Based on 1,924 recorded sales of commercial properties in Barrie over the last 12 months.

Listed by

ROYAL LEPAGE FLOWER CITY REALTY

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
3,438 sq ft
Price per sq ft
$407.18
Annual property tax
$16,822
Tax per sq ft
$4.89

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions 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.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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