
Bracebridge, ON P1L 1W8
Well maintained commercial building on almost 1 acre of land in the growing town of Bracebridge. The building ONLY is for sale with long term lease in place. Property is improved with an approximately 4,027 sqft one storey building with a full basement, detached double car garage and surface parking lot. It is currently tenanted and operates as Centennial Animal Hospital, a well known and highly reputable name within Muskoka that has been operating from this location since 1983.The layout of the building is specifically designed as a veterinary clinic and comprises multiple exam rooms, large reception area, offices, surgery/exam area and washrooms. The original residential home is attached and is used for additional office and work space, washroom and a staff kitchen area. The basement is used for storage, laundry, lockers, kennels and utilities with a separate living space that includes a kitchen and additional bathroom historically used for staff overnights. The newer section of the basement has recently been refinished and houses a new propane forced air furnace, electric and propane hot water tanks, central vacuum and HRV. The exterior is vinyl siding with an asphalt shingle roof that was new approximately 6-8 years ago. Foundation is concrete block. Building is serviced with an oversized septic system and a drilled well. The owners - Centennial Holdings Inc - are looking to sell the building with a long term tenant in place. The current lease expires in November 2026 with two five year options to renew. It is assumed that because the building is so specialized and the veterinary practice is an ongoing concern, the tenant will choose to stay on. Property backs onto the Highlands Golf Course. New RONA Building Centre planned across the street and new residential subdivision recently announced down the road. Great exposure at the corner of South Monck Drive and Muskoka Road 118 West to Port Carling.
TRREB MLS® Attribution
MLS® X12720126
Listed by Royal LePage Lakes Of Muskoka Realty
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Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$5,616
/month · $920,000 mortgage
Amortization
Total Interest
$764,680
Total Cost
$1,684,680
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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Royal LePage Lakes Of Muskoka Realty