49 Manitoba Street Bracebridge, Ontario P1L 2B2
$2,500,000
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. (id:61015)
Property Details
| MLS® Number | X11934037 |
| Property Type | Office |
| Community Name | Macaulay |
Building
| Cooling Type | Partially Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat |
| Size Interior | 12,000 Ft2 |
| Type | Offices |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 120 Ft ,9 In |
| Size Frontage | 66 Ft |
| Size Irregular | 66 X 120.77 Ft |
| Size Total Text | 66 X 120.77 Ft |
| Zoning Description | N/a |
https://www.realtor.ca/real-estate/27826630/49-manitoba-street-bracebridge-macaulay-macaulay
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April 04 2025 05:49:22
Toronto Regional Real Estate Board
RE/MAX Crosstown Realty Inc.