39 Bruce Street S, Blue Mountains, ON N0H 2P0 – Blue Mountains – $949,000

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Description

Welcome to 39 Bruce Street South, an attractive and well-maintained commercial building located in the vibrant heart of Thornburys thriving downtown core. This highly visible and desirable location is surrounded by popular shops, restaurants, and amenities, drawing consistent foot traffic and attention year round. Situated in one of Ontarios sought-after towns, known for its charm, culture, and four-season lifestyle, this property offers a rare opportunity for both investors and developers. The current building presents significant development potential. A detailed architectural study available in the documents section illustrates the feasibility of adding upper floors, making it ideal for future commercial expansion or residential development. Whether you’re envisioning boutique office space, stylish apartments, or a combination of both, the groundwork for your vision is already in place. While the well-known Ashanti Café franchise is not included in the sale, it occupies the main level and provides excellent value as a long-term, established tenant. With a strong local following and a proven business track record, this tenant offers the new owner peace of mind and immediate rental income from day one.

Property Details

• Property Type: Commercial
• List Price: $949,000
• Tax Year: 2024
• Annual Taxes: $4,424