Business For Sale · Retail

96 JOSEPH STREET, Muskoka Lakes (Medora)

96 JOSEPH STREET, Muskoka Lakes (Medora), ON P0B1J0

$3.9M total

3,800 SF

Asset Class

Retail

Size

3,800 SF

Building class

A

Zoning

CNC — Neighbourhood Commercial

$ / SF

$1023

Occupancy

96%

About this property

EXCEPTIONAL WATERFRONT COMMERCIAL & LIFESTYLE OPPORTUNITY | HEART OF PORT CARLING set on an approximately 200-foot-deep lot in a coveted waterfront setting in the heart of Port Carling. This exceptional approx. 3,800 sq. ft. freestanding property offers a rare combination of commercial opportunity, residential flexibility, income potential and Muskoka lifestyle.The approx. 1,500 sq. ft. street-level commercial space features an inviting retail environment, 2 storage areas and 2 bathrooms, offering an ideal setting for a premium retail concept, professional office, boutique, studio or other commercial use.The approx. 1,500 sq. ft. upper level, with its own separate entrance, provides a comfortable residential component featuring 3 bedrooms, a 3-piece bathroom, kitchen and laundry. Perfect for an owner-occupier, additional rental income, staff accommodation or a highly desirable live/work arrangement.An additional approx. 800 sq. ft. unfinished walkout basement offers valuable storage and future expansion potential, with convenient access to the rear of the property and the waterfront setting, including proximity to the iconic Port Carling Locks connecting Lake Muskoka and Lake Rosseau.Winterized for year-round use, this versatile property offers the opportunity to generate income while enjoying the flexibility of a Muskoka residence. Operate your business from the main level, rent or occupy the upper residence, or create the ultimate seasonal retreat. Spend summers in Port Carling, escape south for the winter, or make Muskoka your full-time home.Located in one of Muskoka's most sought-after communities, this is a truly distinctive opportunity to combine business, investment, residential use and the Muskoka lifestyle in one exceptional property.A rare chance to own a prominent freestanding property in the heart of Port Carling - where commercial opportunity meets waterfront living. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$3.89M
Down payment30% · $1.17M
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$18K

Projected NOI

$249K

Annual cash flow

$33K

Cash-on-cash

2.87%

DSCR

1.16

Going-in cap

6.40%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Lakeview Physiotherapy1,841 SF2032-05
Lakeview Physiotherapy910 SF2032-05
Lakeview Physiotherapy878 SF2032-05

Area demographics

Trade area within 3 miles of the property.

Population

101,493

Households

36,260

Median income

$72,500

Median age

42.1

Daytime population

168,726

5-yr growth

8.3%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 96 JOSEPH STREET, Muskoka Lakes (Medora).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.