171 Muskoka Road S, Gravenhurst, ON P1P 1X3

Gravenhurst P1P 1X3 Ontario

MLS: X12418071

$1,800,000

Added 1 hour ago | For Sale

Listed by: Re/Max Professionals North

About Property

Downtown Gravenhurst Land, Building & Business Investment Opportunity!! After 76 years of family operations, the current owners are retiring. Asset or Share sale includes 9.295 sq. ft. 3 level commercial building with 2 residential unit on the upper level, and a Furniture, Appliance, decor business on a 46 foot by 123 foot with C1 Commercial Core occupies in a prime location on the vibrant main street in downtown Gravenhurst. Retail Space: Two levels comprising 7,169 sq. ft. (3,938 sq. ft. main floor + 3,231 sq. ft. lower level) Residential Space: Two well-kept apartments totaling 2,126 sq. ft., each with its own kitchen, bathroom and hydro meter. South Apt. is approx. 1000sqft, has 2 beds, 1 bath and laundry in the kitchen. North Apt. is approx. 1200sqft, has 1 bed + den, 1 bath a large living/dining room. Efficient gas-fired boiler heating system. 400 AMP electrical service, municipal water and sewer. Storefront with display windows and signage. The interior retail space is open, bright, and ready for a new management and concept or continue on the tradition of furniture, major appliance and bed retail sales. The apartments above are in good condition, offering immediate rental income or on-site living for the owner/operator. This is a rare investment opportunity in the heart of Gravenhurst the gateway to Muskoka only 1.5 hours from the GTA. Gravenhurst is the most southern Muskoka business centre serving the growing local community, affluent cottagers and a vibrant tourist market. With a well structured serious offer a VTB is possible.

Features

  • House Style:Investment
  • Bathrooms:3
  • Land Size: 42.06 X 123
  • Water:Municipal
  • Garage Spaces: /Covered
  • Driveway:
  • Heating Fuel:
  • Cross Street:Bay St.
  • Basement: ,
  • Possession Date:Immediate
  • Annual Property taxes: $7828
  • Bedrooms:
  • Total Parking Spaces:2
  • Parking Places:2
  • Heating Type:Gas Hot Water
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12418071

About Agent
Get in Touch

By proceeding, you consent to receive calls and texts at the number you provided.

Powered by AgentEdge Inc

Terms & Conditions Privacy Policy

© Copyright All Rights Reserved.