$1,580,000 FOR SALE

Commercial/Retail

Lot: 36 x 127 ftTotal Area: 6,825 ft2
2023 Taxes: $3,636.59

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

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.

Share

Listed By CENTURY 21 B.J. ROTH REALTY LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9240701
Last Updated Sep 16, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Category Multi-Use
PIN 481910192
Legal Description *** See Extra Remarks***
Occupancy Own+Ten
Possession Date Flexible
Taxes (2023) $3,636.59
Tax Type Annual
Assessment (2023) $206,000
Directions/Cross Streets Hotchkiss Rd And Muskoka Rd
Area Muskoka
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding N
Lot 36 x 127 ft
Retail Area 2,280 ft2
Total Area 6,825 ft2
Air Conditioning Y
Basement Y
Garage Type None
Heat Type Gas Forced Air Open
Area Influences Major Highway, Public Transit
Sprinklers N
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Building
Zoning C1
Seller Property Info Statement N

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.