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55 Muskoka Road 118 Rd W Bracebridge, Ontario P1L 1T2

17384 sqft
Fully Air Conditioned

$9,200,000

A Rare Carefree Triple-A Tenanted Commercial Retail Investment Opportunity, Rexall Pharma Plus Drug Mart, Doctors Clinic And Lab, Located In The Main Business District Of Bracebridge, 17,384 Sq. Ft. Building On 2.3 Acres Of Land, Potential For Addition To Existing Building Or Future Development, Current Income $414,956.00, Current Lease Term Ends Feb 28, 2027, 2X5 Years Renewal Options, Lease And Financial Statements Available For Review Upon Offer, Based On Owner's Information: Commercial Designation Allows For 33% Coverage: A) Main Lot Parts 2-9 : 94,757 Sq. Ft. X 33% = 31,270 Sq. Ft., B) Main Lot Part 1: 4,306 Sq. Ft. X 33% = 1,421 Sq. Ft. , Potential Future Total Gfa = 32,691 Sq. Ft. Development Options: With Current Gfa Being 17, 384 Sq. Ft. 1) Add On To Existing Building Gfa = 15,307 Sq. Ft. 2) Wait For Future Development Of The Entire Site (id:45333)

Property Details

MLS® Number X5713973
Property Type Retail

Building

Cooling Type Fully Air Conditioned
Size Interior 17384 Sqft
Utility Water Municipal Water

Land

Acreage No
Size Irregular 554.25 X 170.96 Ft
Size Total Text 554.25 X 170.96 Ft

https://www.realtor.ca/real-estate/24717554/55-muskoka-road-118-rd-w-bracebridge

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RICHMOND HILL

1550 16th Ave., Building B, Units 3 & 4,
Richmond Hill, ON L4B 3K9

VAUGHAN

9311 Weston Rd #6,
Woodbridge, ON L4H 3G8