**Prime Downtown Bracebridge Location with Excellent Income Potential!** Situated on a commercial side street adjacent to Memorial Park, this beautifully maintained two-storey brick century property presents an outstanding investment opportunity with three distinct commercial and residential spaces offering multiple income streams. Full of character, the building showcases soaring ceilings, original woodwork, hardwood floors and charming period details, including tin ceilings. A welcoming covered front porch adds to the property's timeless appeal. The vacant 1,133 sq. ft. main-floor commercial unit offers immediate leasing potential or an opportunity to establish your own business, featuring high ceilings, hardwood flooring, two 2-piece washrooms and two entrances, including one with a wheelchair-accessible ramp. Upstairs, a spacious two-bedroom apartment offers raised ceilings, an abundance of natural light and generous living space. The lower level features a self-contained one-bedroom apartment with a separate entrance, providing another source of rental income. Numerous updates include newer shingles (within the past two years) and modern windows. Parking for six vehicles adds to the convenience of this desirable downtown location. Whether you're an investor seeking multiple revenue streams or an entrepreneur looking to operate a business while generating residential rental income, this versatile property offers tremendous potential. A rare opportunity to own a distinctive income-producing property combining century charm, modern improvements and a prime location in the heart of Bracebridge.