$599,000
Bracebridge
9 Ontario Street, Bracebridge, Ontario, P1L2A7
This retail property in Bracebridge is for sale offering roughly 3,140 sq ft of space.
Prime downtown Bracebridge commercial opportunity. Located at 7 & 9 Ontario Street, this vacant commercial building offers over 3,000 square feet of flexible space just steps from Manitoba Street, Bracebridge's vibrant main commercial corridor. Currently configured as a single unit, the property features two separate natural gas services and two electrical services, providing an excellent opportunity for an owner-occupier, investor, or developer to re-establish two independent commercial units. Positioned in a highly walkable location, the property benefits from excellent accessibility, with abundant municipal street parking nearby and a public parking lot located just across the main intersection. The future Town of Bracebridge public park and gathering space is also located within close proximity, further enhancing the appeal of this growing downtown neighbourhood and supporting increased pedestrian activity in the years ahead. Whether you're seeking a headquarters for your business, a multi-tenant investment property, or a redevelopment opportunity in one of Muskoka's most active commercial districts, this property offers exceptional potential in a growing downtown market. Rarely does a vacant downtown commercial building with flexible configuration options and future-area growth catalysts become available in the core of Bracebridge. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 148 days on market, against an average age of 92 days across the listings currently for sale in this city
Homes here sell below asking price
Homes in this market sold for an average of 94.5 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
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Approximate location — exact address confirmed upon showing
This home lists at $599,000, about 7.0× the local median household income of $86,000.
Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 36% above the area median.
Source: Statistics Canada, 2021 Census (FSA P1L)
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