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. 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!
Address
75 Manitoba Street
List Price
$1,279,000
MLS® Status
New
Expiration Date
2026-04-07
Property Type
Commercial
Type of Dwelling
Store W Apt/Office
Transaction Type
Sale
Area
Bracebridge
Sub-Area
Macaulay
Region
Muskoka
Lot Size Source
MPAC
Lot Depth
182.33
Lot Type
Lot
Lot Size Units
Feet
Lot Width
33
Parcel Number
481150256
Total Building Area
3000
Occupant Type
Partial
Cross Street
Taylor/Manitoba
MLS® Number
X12449619
Listing Brokerage
REVEL Realty Inc., Brokerage
Basement
Yes
Postal Code
P1L 2B2
Posession Details
Flexible
Tax Amount
$7,820.00
Tax Year
2025
Site Influences
Major Highway, Public Transit
Community Features
Major Highway, Public Transit
Standard Status
Active
Board Or Association
Niagara Association of REALTORS
Heat Type
Other
Cooling Features
Partial
Garage Type
None
Tax Legal Description
PT LT 1 NE MANITOBA ST PL 2 BRACEBRIDGE AS IN DM231275 T/W DM231275; BRACEBRIDGE ; THE DISTRICT MUNICIPALITY OF MUSKOKA
Security Features
No