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Price on request
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Asset Class
Land
Size
—
Building class
B
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
88%
Lot Size
2 ac
Top 5 Reasons You Will Love This Property: 1) Exceptional commercial leasing opportunity in the heart of Muskoka Lakes, featuring a rare commercial building situated on over 43-acres of surrounding commercial and residentially zoned property, ideally located just minutes from Bracebridge, Huntsville, Port Carling, and Rosseau 2) The commercial building, formerly home to a successful restaurant for many years, offers an excellent opportunity for a new restaurant, business venture, or other commercial use, providing a versatile space ready for your vision 3) Built in 2021, the separate residence offers 1,178 square feet of living space and showcases additional potential for the property, while the expansive surrounding acreage provides a remarkable natural backdrop 4) The residentially zoned portion of the property features over 40-acres of meadows, scenic hardwood forest, widened logging trails, a 100-foot escarpment, and an artesian stream, creating a spectacular setting with abundant natural beauty 5) Additional features include a finished bunkie, expansive 2,000 square foot patio, and over 850' of frontage along Highway 141, with the commercial building offering excellent exposure and easy access for customers and clients. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$74K
Annual cash flow
$-10K
Cash-on-cash
-2.11%
DSCR
0.89
Going-in cap
4.91%
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.
Trade area within 3 miles of the property.
Population
82,326
Households
28,534
Median income
$127,500
Median age
34.8
Daytime population
72,935
5-yr growth
2.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 2180-2186 HWY. 141, Muskoka Lakes (Watt).
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.