$2,500,000
Available - For Sale
Listing ID: X11934037
49 Manitoba Street , Bracebridge, P1L 2B2, Muskoka
| The Clock Tower, situated in the heart of downtown Bracebridge, presents an unparalleled investment opportunity for buyers seeking a high cap rate and exceptional growth potential. Designed by renowned architect David Ewart, this iconic multi-use property combines architectural heritage with modern functionality, making it a standout landmark in one of Bracebridges most vibrant districts. Boasting 20 commercial units and 2 residential units, the property offers considerable versatility, attracting a diverse range of tenants and delivering steady, lucrative income streams. Its prime location in a high-traffic, high-visibility area ensures consistent footfall and prominent exposure, ideal for retail storefronts, professional offices, and other dynamic business endeavors. Beyond its income potential, the Clock Towers central position in a community experiencing sustained growth and development makes it an intelligent choice for long-term appreciation. Marrying historical significance with contemporary adaptability, this property is a rare asset offering investors a blend of prestige, strategic location, and steady returns, all in the thriving hub of downtown Bracebridge. |
| Price | $2,500,000 |
| Taxes: | $11233.26 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 49 Manitoba Street , Bracebridge, P1L 2B2, Muskoka |
| Postal Code: | P1L 2B2 |
| Province/State: | Muskoka |
| Legal Description: | PT LT 15EMR PL 11 BRACEBRIDGE PT 7 & 8, |
| Lot Size: | 66.00 x 120.77 (Feet) |
| Directions/Cross Streets: | Manitoba St/ Taylor Rd |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Office |
| Building Percentage: | T |
| Total Area: | 12000.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 8000 |
| Office/Appartment Area Code: | Sq Ft |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | Partial |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX CROSSTOWN REALTY INC. |
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At a Glance:
| Type: | Com - Office |
| Area: | Muskoka |
| Municipality: | Bracebridge |
| Neighbourhood: | Macaulay |
| Lot Size: | 66.00 x 120.77(Feet) |
| Tax: | $11,233.26 |
| Fireplace: | N |
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