905-902-5972
[email protected]
Communities
Sellers
Buyers
About
18
$1,279,000 Sale
Listed 1 hour
75 MANITOBA STREET
· 0
· 0.0
· 0
· 12716
Key Facts
Key facts for 75 MANITOBA STREET
Property Type
Commercial
Parking
Garage: No, 0 parking
MLS #
X12449617
Size
12716 sqft
Basement
-
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
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, professiona...lly 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! (id:10452)
Similar Properties (No results)
Listing courtesy of: REVEL Realty Inc., Brokerage
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.