$1,580,000
( $231.50Per Sq Foot )
 $8,482 est/mo Sourced by Back At You

235 Muskoka Road S , Gravenhurst, ON P1P1J1

Gravenhurst, ON P1P1J1

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Description

Positive cashflow! Discover an exceptional investment opportunity with this beautifully renovated building that skillfully blends historic charm with modern elegance. Situated in one of the towns most prominent and bustling locations, this expansive property boasts positive cash flow and stands out as one of the largest and most impressive buildings in the area. Just a short stroll from the picturesque Lake Muskoka Harbor and Gull Lake Park, with its inviting beaches, the location offers both high visibility and convenience. Currently configured into five versatile units, the property features two prime storefronts on the main floor, two adaptable spaces on the second floor, and a furnished two-bedroom executive suite on the third floor, with potential for two additional bedrooms. The unfinished fourth floor, with its soaring ceiling presents an exciting opportunity for customization as a loft and 26' cathedral ceiling or entire additional floor. With flexible options to maintain the existing layout, reconfigure the space, or occupy the entire building, this property caters to a variety of business and investment needs. The current owner is open to leasing the second and third floors for one year, with options for month-to-month extensions or vacating upon closing. Fully reno'd turn key complete with steel roof with 50 year transferrable warranty. Units have separate gas and hydro meters. Dont miss out on this rare chance to own a landmark property with endless potential. **** EXTRAS **** The Property Also Boasts A New Steel Roof With A 50-Year Transferable Warranty, Ensuring Durability & Peace Of Mind For Years To Come. Notable Features Of This Property Include Hvac Heating & Air Conditioning For Comfort And Efficiency. (id:13843)

Details

MLS#X9240701
Listing TypeFor Sale
StatusActive
Days On Site96
Listing Provided ByCENTURY 21 B.J. ROTH REALTY LTD. | KATIE BAILEY

Features

SQ Feet6,825
ZoningC1
The information is being provided by CREA. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 CREA. All Rights Reserved.

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Listings Checked: 1 minute ago
ProvinceON
CityGravenhurst
Postal CodeP1P1J1
Listing VS Median (in P1P1J1)
Price:
$1,580,000
low | high
Med:
$1,580,000
50% of Average
SqFt:
6,825
low | high
Med:
6,825
50% of Average
$ / SqFt:
$232
low | high
Med:
$232
50% of Average
On Site:
96
low | high
Med:
50.000000
100% of Average
Sourced by Back At You
Listing Updated: October 16, 2024 at 12:37:51 PM PDT