Russell Godwin and Alexandra Godwin with Jones Lang LaSalle Real Estate Services are marketing for sale 53 Bayfield St., a 4,900 square foot retail investment property on a 0.256-acre lot in downtown Barrie in Ontario. Located at Bayfield and Colliers streets, the site is fully occupied by Royal Bank of Canada, with a lease term until October 31, 2027, plus one three-year option to extend. The property is in Barrie’s designated Urban Growth Centre, which is projected to grow to a population of 253,000 by 2041. Over 60,000 residents with an average household income in excess of $107,000 live within a three-kilometre radius, and two large condominium developments are planned nearby.
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Jones Lang Lasalle Real Estate Services Inc., Brokerage 22 Adelaide Street West, 26th Floor, Toronto, Ontario, M5H 4E3 (Russell Godwin – 416/391-6960 russell.godwin@jll.com) & (Alexandra Godwin – 647/982-8798 alaxandra.godwin@jll.com)