75 MANITOBA STREET, Bracebridge (Macaulay), Ontario, P1L2B2
MLS: X12947354 | Business
$1,199,900
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. For investors seeking a recession-resilient property in one of Ontarios fastest-growing communities, 75 Manitoba Street is the ultimate opportunity! (id:64974)
Quick Facts
- Property Type: Business
- Bedrooms: None
- Bathrooms: None
- Living Area: 12,716 sq ft (1,181.4 m²)
- Frontage: 33 ft (10.1 m)
Costs
- Annual Taxes: $7,820.00
Listing Provided by: REVEL Realty Inc., Brokerage
Board: Niagara Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Other
- Cooling: Partially air conditioned
Exterior & Construction
- Water: Municipal water
Lot & Land
- Frontage: 33 ft (10.1 m)
- Zoning: Com 3
Community & Neighbourhood
- Neighbourhood: Macaulay
Listing Information
Listing History
MLS listing activity for 75 MANITOBA STREET, Bracebridge (Macaulay), Ontario, P1L2B2 — dates reflect when changes were recorded in the DDF
🚗 Travel times
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Mortgage & Cost Calculators
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75 MANITOBA STREET, Bracebridge (Macaulay), Ontario, P1L2B2