Positive Cash Flow. Amazing Building! Discover An Exceptional Investment Opportunity With This Beautiful Newly Renovated Building. It Skillfully Blends Historic Charm With Modern Elegance. One Of The Nicest And Largest Buildings In Town. Located In The Busiest Part Of Town Convenient To Everything. Short Drive Or Walk To Lake Muskoka Harbour. Stroll Along The Boardwalk, Dine By The Water. Two Minute Walk To Gull Lake Park For A Swim Or Afternoon At The Beach. One Of Six Beaches In Town. Currently Set Up As Five Units, With Two Storefronts On The Main Floor, Two Stores Or Offices On The Second Floor. The Third Floor Is Set Up As A Furnished Two Bedroom Executive Suite Or Possibly An Air BNB With Space For Two Additional Bedrooms. You Could Also Have A Totally Different Configurations Of Two Or Three Story Levels. Possibilities are Endless With Approximately 2280 Sq/Ft Per Floor, It Allows You To (BTS) Build-To-Suit Any Future Tenants Requirements. There Is A Fourth Level Which Could Be Opened Up As A Loft And Create A 26 Cathedral Ceiling Over The Third Floor. Again Possibilities Are Endless. Current Owner Wishes To Stay And Would Lease The Second And Third Levels For One Year Or Will Vacate On Closing. **** EXTRAS **** Please Do Not Come Without An Appointment And Do Not Disturb The Current Tenants. Since the new owner will need to obtain an HST registration to collect HST on rental income, they will not be required to pay HST at closing. (id:47423)
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Detailed Information
Lot
36 x 127 ft
Amenities Nearby
Highway, Public Transit
Listing Contract Date
2024-11-15
Location Description
Hotchkiss Rd And Muskoka Rd
Property Type
Retail
Transaction Type
For sale
Zoning Description
C1
Building
Cooling Type
Fully air conditioned
Heating Fuel
Natural gas
Heating Type
Other
Size (Exterior)
6825 square feet
Utility Water
Municipal water
Land
Total Size
Bldg=36 x 127 FT
Amenities
Highway, Public Transit
Size of Irregular Land
Bldg=36 x 127 FT
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