$68,900 - 50 Dunlop Street Unit 200, Barrie
Commercial for Sale in Barrie
58 days on marketNeighbourhood: City Centre
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- MLS Number
- S13658070
- Property Type
- Commercial
- Status
- active
- Days on Site
- 58
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- N/A sqft
- Neighbourhood
- Barrie
- Taxes (2025)
- $1,300
- Listing Brokerage
- COLDWELL BANKER THE REAL ESTATE CENTRE
READY TO GO FROM STYLIST TO SALON OWNER? Skip the costly build-out and step into a fully equipped, established business from day one. Samson's Salon & Spa has been part of Barrie's beauty industry since 1988 & offers a rare turn-key opportunity in the heart of downtown. Since 2020, the business has operated from a beautifully finished 1,521 sq ft second floor space at 50 Dunlop St E, complete with elevator access, multiple hair stations & a bright open spa room ready to customize, sublet or introduce a new revenue stream. Equipment, furnishings, fixtures & leasehold improvements are included, saving a new owner the time, expense & downtime of creating a salon from scratch. Even better, 3 pre-arranged chair rentals may be available at the Buyer's discretion, creating potential income from day one. Overlooking the Meridian Centre and Barrie waterfront, the salon delivers beautiful views & a distinctive downtown atmosphere ideal for everyday services, self-care experiences & bridal parties. Professionally managed premises & the ability to extend the lease for an additional 5 years provide continuity for the next owner. After decades in business, the owner is transitioning to their next chapter & is willing to assist with a smooth transition. For an established stylest ready to build their own team, an exisitng salon looking to expand, or an entrepreneur entering the beauty industry, the foundation is already here. Bring your brand, your vision & your ambition - the salon is ready.
Estimate your monthly payments for this property
Estimated Payment
$353.49/mo
Includes CMHC insurance ($1,922)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover City Centre
City Centre 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 City Centre
- •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
City Centre 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.
50 Dunlop Street Unit 200, 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 58 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.