37
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$2,500,000
Est. payment /mo
12,000 SqFt
Active
49 Manitoba ST Bracebridge, ON P1L 2B2
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Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $208
Subdivision Macaulay
MLS Listing ID X11934037
Annual Tax Amount $11,233
Tax Year 2024
Property Sub-Type Office
Property Description
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.
Location
Province ON
County Muskoka
Community Macaulay
Area Muskoka
Interior
Cooling Partial
Exterior
Utilities Available Available
Lot Frontage 66.0
Lot Depth 120.77
Others
Security Features No
Virtual Tour https://www.youtube.com/shorts/8M5EGi0LHh8
Listed by RE/MAX CROSSTOWN REALTY INC.