75 Manitoba Street Bracebridge, Ontario P1L 2B2

12,716 ft2
Partially Air Conditioned Other

$1,199,900

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. For investors seeking a recession-resilient property in one of Ontarios fastest-growing communities, 75 Manitoba Street is the ultimate opportunity! (id:34139)

Property Details

MLS® Number X12947354
Property Type Business
Community Name Macaulay
Amenities Near By Highway, Public Transit

Building

Cooling Type Partially Air Conditioned
Heating Type Other
Size Exterior 12716 Sqft
Size Interior 12,716 Ft2
Utility Water Municipal Water

Land

Acreage No
Land Amenities Highway, Public Transit
Size Depth 182 Ft
Size Frontage 33 Ft
Size Irregular Bldg=33 X 182 Ft
Size Total Text Bldg=33 X 182 Ft
Zoning Description Com 3

https://www.realtor.ca/real-estate/29546268/75-manitoba-street-bracebridge-macaulay-macaulay

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RE/MAX Garden City Realty Brokerage
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© 2024 Denise Kennedy, Sales Representative with RE/MAX Garden City Realty Brokerage