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. (id:47423)
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
Lot
36 x 127 ft
Amenities Nearby
Public Transit
Community Features
High Traffic Area
Features
Visual exposure
Listing Contract Date
2024-08-02
Location Description
Hwy 11, take the Muskoka District Road 169 exit toward Bethune Dr/Gravenhust, continue onto Muskoka RD S/Muskoka District Road 18, drive 1.3 km to 235 Muskoka Road S.
Ownership Type
Freehold
Property Type
Office
Transaction Type
For sale
Zoning Description
C1
Building
Basement Type
Partial
Stories Total
3
Size (Exterior)
6825
Utility Water
Municipal water
Land
Total Size
under 1/2 acre
Access Type
Highway access
Amenities
Public Transit
Sewer
Municipal sewage system
Terms of Use
Please review and agree to the following terms of use to access the listing content:
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA;
The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy;
This website is operated by a brokerage or salesperson who is a member of CREA;
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
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.
