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

235 Muskoka Rd S Road , Gravenhurst, ON P1P 1J1

Gravenhurst, ON P1P 1J1

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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 town’s 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. Don’t miss out on this rare chance to own a landmark property with endless potential.

Details

MLS#40628830
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site92
Listing Provided ByCentury 21 B.J. Roth Realty Ltd. Brokerage | Katie Bailey

Features

SQ Feet6,825
BasementY
Story(s)3
ZoningC1
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 39 seconds ago
ProvinceON
CountyMuskoka
CityGravenhurst
Postal CodeP1P 1J1
AreaGravenhurst
SubareaGravenhurst
Community NameGravenhurst
Listing VS Median (in Gravenhurst)
Price:
$1,580,000
low | high
Med:
$649,000
100% of Average
SqFt:
6,825
low | high
Med:
1,447
100% of Average
$ / SqFt:
$232
low | high
Med:
$449
43.741088065224% of Average
On Site:
92
low | high
Med:
14
100% of Average
Sourced by Back At You
Listing Updated: September 16, 2024 at 4:32:01 PM PDT