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570 - Madawaska Valley, Madawaska Valley, ON K0J 1B0
$519,000
An exceptional investment opportunity awaits in the heart of Barry's Bay with this centrally located mixed-use commercial and residential property, offering a rare combination of immediate income, long-term stability, and future development potential. The property encompasses three main-floor commercial units and three residential units, creating an ideal turnkey operation with diversified revenue streams. Above, the second level features two well-appointed 2-bedroom, 1-bathroom residential units, while the lower level offers a cozy 1-bedroom, 1-bathroom unit, complete with abundant storage throughout, enhancing functionality and tenant appeal. Further strengthening the value of this offering is an additional vacant lot at the rear of the property, providing flexibility for extra parking or future expansion (subject to municipal zoning and approvals). Built on a solid foundation and operated efficiently, this property represents a secure and economical investment in a growing Ottawa Valley community. Enjoy the convenience of being just steps from shops, services, health care, and everyday amenities, with Kamaniskeg Lake and its four-season recreational opportunities only minutes away. As Barry's Bay continues to experience steady residential and commercial growth driven by tourism, local business, and community investment, this property stands out as a strategic opportunity for investors seeking both stability and upside potential. Minimum 24 hours' notice required for showings. 48-hour irrevocable on all offers.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.