$25/mo - 285 Dunlop Street Unit 4, Barrie
Commercial for Rent in Barrie
91 days on marketNeighbourhood: 400 North
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- MLS Number
- S13540042
- Property Type
- Commercial
- Status
- active
- Days on Site
- 91
- Bedrooms
- 0
- Bathrooms
- 2
- Square Feet
- 1,990 sqft
- Neighbourhood
- Barrie
- Taxes (2026)
- $14
- Listing Brokerage
- SUTTON GROUP INCENTIVE REALTY INC.
1,990 SF of Service / Retail space located on Dunlop St W with access from both Dunlop and Hart. Property is zoned C4 - General Commercial, which allows a vast array of different uses - including restaurant, grocery, convenience, retail, and others. 2 x 2pc washroom have been updated within the last 3-5 years, rough-in for 1 more. Most recently used as a restaurant and grocery store, but tenant has since vacated. Landlord is in the process of repairing some damage within the unit (including some drywall work in washroom). Access to unit through front door or door at rear of unit facing additional parking lot. Previous tenant installed large walk-in freezer and fridge, which may be included in "AS IS" conditions with the Landlord taking no responsibility for the condition or functionality. Some equipment / furniture has been left behind, but can be removed prior to possession. Located just east of the Hwy 400 interchange with access from both northbound and southbound lanes. Starting rent is $25/Sf/Yr (triple NET), with escalations - TBD, based on a 5 year term. MIT Includes water / sewer, parking, signage. Tenant responsible for Heat & Hydro. PHOTOS ON LISTINGS ARE FROM PRIOR TO LAST TENANT - will be updated once work is completed.
Discover 400 North
400 North is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in 400 North
- •Convenient location in Barrie
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
400 North offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
285 Dunlop Street Unit 4, Barrie
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Key factors for evaluating this commercial property
Commercial Due Diligence Checklist
· Verify zoning and all permitted uses
· Review all existing leases (terms, renewals, net vs. gross)
· Request estoppel certificates from all tenants
· Order a Phase 1 Environmental Site Assessment
· Commission a property condition assessment
· Review operating costs (taxes, insurance, maintenance)
Commercial Financing Note
Commercial mortgages require 20–35% down, shorter amortization, and lenders underwrite based on the property's income. CMHC insurance is not available for commercial. Connect with a commercial mortgage broker early.
Commercial and land transactions are significantly more complex than residential. Joe recommends assembling a team — commercial real estate lawyer, accountant, and (for land) a land use planner — before making an offer.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Commercial Pricing Context
Commercial property values in Barrie are driven by location, zoning, current tenancy, and income potential — not the same $/sqft benchmarks as residential. I'll run a proper comparable sales analysis using recent commercial transactions in this area.
Extended Exposure — Negotiating Room
At 91 days on market, this commercial property has had significant exposure. Commercial listings typically take longer to sell than residential, but this timeline may indicate pricing or tenancy issues worth exploring. A motivated seller often means better terms for a prepared buyer.
Zoning & Permitted Use — Verify First
I always confirm the zoning and permitted uses before a client gets too far into a commercial transaction. What a property is currently used for and what it's legally permitted for are sometimes different. If you plan to change the use, a zoning amendment or minor variance may be required — that's additional cost, time, and risk.
Tenancy & Income Review
If this property has existing tenants, I'd want to review all leases carefully: term lengths, renewal options, rent amounts, escalation clauses, and who's responsible for operating costs (gross lease vs. net lease). A strong long-term tenant is an asset; a lease expiring at closing is a different story. We'll request estoppel certificates from all tenants.
Environmental & Due Diligence
A Phase 1 Environmental Site Assessment is standard practice for commercial purchases in Ontario. If historical industrial use is flagged, you'll need a Phase 2. I also recommend a property condition assessment covering structure, roof, HVAC, and electrical — commercial systems are expensive to replace and often not disclosed in detail on the listing.
Commercial Financing Realities
Commercial mortgages work differently than residential. Expect 20–35% down, shorter amortization (15–25 years), and lenders who underwrite based on the property's income, not just your personal financials. CMHC insurance is generally not available for commercial, and rates are typically higher. I can connect you with commercial mortgage brokers who specialize in Barrie transactions.