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$ 1,580,000
Est. payment /mo
Active
235 MUSKOKA RD S Road Gravenhurst, ON P1P1J1
6,825 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 6,825 sqft
Price per Sqft $231
Subdivision Gravenhurst
MLS® Listing ID 40673642
Originating Board Barrie & District Association of REALTORS® Inc.
Property Sub-Type Freehold
Property Description
OWNER RETIRING! Don't miss this incredible opportunity to own a beautifully renovated, income-generating building in the heart of town. Blending old-world charm with modern conveniences, this property is one of the largest and most desirable in the area, offering strong cash flow and endless potential. Located in the busiest part of town, its just a short walk to the Lake Muskoka harbour, where you can dine by the water or enjoy the scenic boardwalk. Gull Lake Park is only two minutes away, perfect for a swim or a relaxing afternoon at the one of the best of the six beaches in town. Currently set up as five units, the main floor features two storefronts, while the second level offers two additional office or retail spaces. The third floor boasts a fully furnished two-bedroom executive suite, ideal for Airbnb or personal use, with potential to add two more bedrooms. A fourth level could be opened up to create an impressive loft with soaring 26-foot cathedral ceilings. With approximately 2,280 sq. ft. per floor, the layout provides flexibility to accommodate future tenants' needs. The owner is willing to help with a smooth transition and can lease the second and third levels for one year or vacate upon closing.This is an exceptional investment in a thriving location with low taxes, and HST is included in the sale. Just 25 minutes north of Orillia, this is your chance to live, work, and invest in beautiful Muskoka. Don't wait opportunities like this are rare! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
Community Features High Traffic Area
View Y/N No
Private Pool No
Building
Story 3
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Century 21 B.J. Roth Realty Ltd. Brokerage