75 Manitoba ST Active Save Request In-Person Tour Request Virtual Tour
Bracebridge,ON P1L 2B2
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 12,716 sqft
Price per Sqft $100
Subdivision Macaulay
MLS Listing ID X12449617
Annual Tax Amount $7,820
Tax Year 2024
Property Sub-Type Investment
Property Description
VACANT MAIN FLOOR COMMERCIAL UNIT AVAILABLE find your own tenant or use it for yourself! Discover 75 Manitoba Street, ideally situated in the heart of thriving Bracebridge: Muskoka's bustling hub known for its scenic waterfront, vibrant downtown, and growing tourist appeal. This turnkey, professionally managed mixed-use property delivers $93,974 in gross annual income and a solid 4.61% cap rate at list price.Featuring five distinct revenue streams two street-front retail spaces and three residential suites (including one municipally subsidized unit)the property generates over $64K in net operating income with minimal overhead, ensuring dependable returns and long-term upside. The main floor commercial unit is currently vacant, offering prime flexibility to occupy with your own business or establish new tenancy at market rent. The second commercial storefront benefits from premium curb appeal and steady foot traffic, while the fully occupied apartments provide stability, with one below-market unit presenting immediate value-add potential.Recent upgrades include fresh exterior painting, enhanced fire-safety systems, and full servicing of the mechanicals. Detailed, unit-by-unit financials are available upon request. For investors seeking a recession-resilient property in one of Ontarios fastest-growing communities, 75 Manitoba Street is the ultimate opportunity!
Location
Province ON
County Muskoka
Community Macaulay
Area Muskoka
Rooms
Kitchen 0
Interior
Cooling Partial
Exterior
Community Features Major Highway,Public Transit
Utilities Available Yes
Lot Frontage 33.0
Lot Depth 182.0
Building
New Construction false
Others
ParcelsYN No