For Sale

49 Manitoba Street, Bracebridge, Ontario P1L 2B2

$2,500,000

49 Manitoba Street, Bracebridge, Ontario P1L 2B2 is For Sale and has a listing price of 2,500,000. The property is located in the Bracebridge . It's been on the website for 87 Days.

  • Office
    Property Type
  • MLS ID: X11934037
  • Office Name RE/MAX CROSSTOWN REALTY INC.
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.

Property Details
  • MLS ID: X11934037
  • Price: $2,500,000
  • Lot Depth: 120.77
  • Transaction Types: For Sale
  • Ref ID: X11934037
  • Year Built: N/A
  • Dir / Cross St: Manitoba St/ Taylor Rd
  • Status: Active
  • Tax Year: 2024
  • Property Type: Office
  • Property Type: Commercial
  • Property Sub Category: Office
Price History
List Date MLS ID List Price Status End Date Closed Price
01/21/2025 X11934037 $2,500,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Bracebridge
  • $871,764 Average List Price
    based on 1 year
  • 17 New Listings
    based on 30 days
  • 158 Median Days on Market
    based on 1 year
  • List vs. Selling Price 152.19 % Up
  • Sold (12mo) 67
  • Rented (12mo) 16

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Gas Hot Water
  • Garage Type Other
  • Taxes: $11,233
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 21/01/2025 18:07:34
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