$1,299,000
Available - For Sale
Listing ID: X12263331
75 Manitoba Street , Bracebridge, P1L 2B2, Muskoka
| Introducing 75 Manitoba Street, a turnkey, professionally managed mixed-use investment delivering $90K+ in annual gross revenue and a 4.6% cap rate at list price. This versatile asset boasts five distinct income streams: two commercial units and three residential suites (including one municipally subsidized unit). After expenses, you'll enjoy over $64K in net operating income with exceptionally low overhead, providing steady, year-over-year returns and long-term appreciation. The retail spaces offer prime curb appeal and foot traffic, while the apartments maintain full occupancy with one unit currently rented below market rates, presenting an immediate value-add for the next owner. Recent improvements include fresh exterior painting, upgraded fire-safety systems, and mechanical servicing. Detailed, unit-by-unit financials are available upon request. For investors seeking a diversified, recession-resilient addition to their portfolio, 75 Manitoba Street is your premier opportunity. |
| Price | $1,299,000 |
| Taxes: | $7820.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 75 Manitoba Street , Bracebridge, P1L 2B2, Muskoka |
| Postal Code: | P1L 2B2 |
| Province/State: | Muskoka |
| Legal Description: | PT LT 1 NE MANITOBA ST PL 2 BRACEBRIDGE |
| Directions/Cross Streets: | Taylor/Manitoba |
| 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 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Store With Apt/Office |
| Building Percentage: | T |
| Total Area: | 3000.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 3000 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway Public Transit |
| Financial Statement: | T |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Other |
| 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. |
| REVEL Realty Inc., Brokerage |
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At a Glance:
| Type: | Com - Store W Apt/Office |
| Area: | Muskoka |
| Municipality: | Bracebridge |
| Neighbourhood: | Macaulay |
| Tax: | $7,820 |
| Fireplace: | N |
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