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.
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
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