1087 Hawthorne Drive, Sudbury
Welcome to 1087 Hawthorne Drive! This well-maintained 4+1 bedroom, 2-bathroom…
$529,900
Laframboise Team North Bay and Area
Realty Executives | North Bay & Area
Laframboise Team North Bay and Area
Realty Executives | North Bay & Area
Laframboise Team North Bay and Area
Realty Executives | North Bay & Area
13 BRIDGE STREET, Lake of Bays (Mclean)
13 BRIDGE STREET, Lake of Bays (Mclean), Ontario, P0B1A0
$1,250,000
Description • 13 BRIDGE STREET, Lake of Bays (Mclean)
Exceptional Investment & Development Opportunity! Rarely does a property with this much potential become available. Located on the main street of a vibrant Muskoka community just minutes from beautiful Lake of Bays, this unique mixed-use property offers endless possibilities for investors, developers, or entrepreneurs. Set on a level 0.82-acre lot, the property includes two separate buildings, each with its own municipal water and sewer services. There may also be potential to sever the property into two lots (subject to municipal approvals).The Lena Street building was originally a home and has been converted into four self-contained apartments featuring two 2-bedroom units and two 1-bedroom units, with potential for an additional apartment. Measuring approximately 96′ x 24′, it features a durable metal roof and offers excellent value-add potential with exterior siding improvements. One tenant will remain, providing immediate rental income. The Bridge Street commercial building offers approximately 3,000 sq. ft. of concrete block construction on a slab with a metal roof. The original section was the town’s first drug store, with a 1,500 sq. ft. addition completed in the 1980s. The building includes four storefronts, a large storage area with delivery door, and can be vacant on closing, allowing for immediate occupancy or leasing. Excellent exposure, easy access to Highway 117, and close proximity to Lake of Bays make this an outstanding opportunity for commercial, residential, or mixed-use development. While both buildings require updating, the possibilities are exceptional-from income-producing rentals and staff housing to retail, office, or future redevelopment. A rare chance to invest in one of Muskoka’s growing communities with unlimited potential! (id:54164)
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