22 CLAPPERTON STREET, Barrie (City Centre), Ontario, L4M1G4

Property Description

A rare opportunity to acquire a cornerstone asset in the heart of downtown. This well-maintained professional office building has been home to RBC exclusively since 1982, offering long-standing stability and exceptional tenant covenant strength. The property features 6,306 SF of bright above-ground office space across two levels, complemented by an additional 1,470 SF of functional basement storage.The current RBC lease is in place until the end of October 2027 and includes three renewal options, providing investors with both immediate income continuity and future upside potential. Built in 1971 and zoned C1-2, the building sits in a high-visibility, high-demand commercial corridor with strong foot traffic and excellent accessibility.This is an exceptional opportunity for investors seeking secure cash flow, a reputable national tenant, and long-term value in a prime downtown location. Full lease documentation is available upon execution of a Confidentiality Agreement. (id:64974)

Quick Facts

• Property Type: Offices
• Bedrooms: None
• Bathrooms: None
• Living Area: 7,776 sq ft (722.4 m²)
• Frontage: 72 ft (21.9 m)

Costs

• Annual Taxes: $31,499.87

Listing Provided by: CHARISSA REALTY INC.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.