115 KIMBERLEY AVENUE (X14160604)
$599,000
About the Property
**Prime Downtown Bracebridge Location with Excellent Income Potential!** Situated on a commercial side street adjacent to Memorial Park, this beautifully maintained two-storey brick century property presents an outstanding investment opportunity with three distinct commercial and residential spaces offering multiple income streams. Full of character, the building showcases soaring ceilings, original woodwork, hardwood floors and charming period details, including tin ceilings. A welcoming covered front porch adds to the property's timeless appeal. The vacant 1,133 sq. ft. main-floor commercial unit offers immediate leasing potential or an opportunity to establish your own business, featuring high ceilings, hardwood flooring, two 2-piece washrooms and two entrances, including one with a wheelchair-accessible ramp. Upstairs, a spacious two-bedroom apartment offers raised ceilings, an abundance of natural light and generous living space. The lower level features a self-contained one-bedroom apartment with a separate entrance, providing another source of rental income. Numerous updates include newer shingles (within the past two years) and modern windows. Parking for six vehicles adds to the convenience of this desirable downtown location. Whether you're an investor seeking multiple revenue streams or an entrepreneur looking to operate a business while generating residential rental income, this versatile property offers tremendous potential. A rare opportunity to own a distinctive income-producing property combining century charm, modern improvements and a prime location in the heart of Bracebridge. (id:46976)
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Property
Address: 115 KIMBERLEY AVENUE
City: Bracebridge, Ontario, Canada
Style: N/A
Exterior: N/A
MLS® number: X14160604
Utilities
Cooling: Central air conditioning,Window air conditioner
Heat source: ,,Natural gas
Heat type: Baseboard heaters,Forced air,
Sewers: Sanitary sewer
Building
Bedrooms: 3
Bathrooms: 4
Size: N/A
Garage: No
Built in: N/A
Land
Waterbody: N/A
Waterfront: No
Lot Size: 9848.97
View: N/A
Frontage: 70 ft
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Bracebridge
With a population of 17,000 this vibrant and beautiful community is centrally located within Muskoka. Situated on the Muskoka River and overlooking the famous Bracebridge Falls, (the most significant waterfall in Muskoka) the Historic Core of Downtown Bracebridge offers all the convenience of small town living with it’s gourmet shops, local eateries and outdoor parks. From arts and cultural experiences to endless outdoor adventures, a lively craft beer scene, and the friendliest of people; Bracebridge is a destination for all. The local community provides an attractive combination of economic opportunities, urban facilities and services, as well as a highly desirable and vibrant lifestyle. The Bracebridge Sportsplex and Memorial Arena offers a variety of recreation programs, fitness & aquafit classes, indoor track, weight room workouts, climbing wall, public swim, lap swim, public skating and more.
Bracebridge’s desirable location makes it the perfect starting point for entrepreneurs and business professionals who believe that it is possible to bridge success in business with fulfillment in life. If you’re looking to start, expand, or re-locate your business, you’ll love the view from “The Bridge”. During the spring and summer months, the lakes and rivers surrounding Bracebridge make it a perfect place to be, whether you’re into water sports, relaxing on the dock at the cottage, adventure travel or exploring the beauty of the region from one of the area’s many resorts. As the fastest growing winter tourism destination in the district, outdoor activities such as snowshoeing, skating at Memorial Park, cross-country skiing, ice fishing, snowmobiling and even “Snowga” are immensely popular in town. With 8 Waterfalls, 12 Boat launches, 10 Beaches, 43 + restaurants, 2 Cruise lines, 1 water slide, 21 parks and 1 bark park, whether you are here for a day, a week, or a month, there is always something to keep you engaged and entertained.