$1,580,000
Available - For Sale
Listing ID: X10426203
235 Muskoka Rd South , Gravenhurst, P1P 1J1, Ontario
| 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. |
| Price | $1,580,000 |
| Taxes: | $3636.59 |
| Tax Type: | Annual |
| Occupancy by: | Own+Ten |
| Address: | 235 Muskoka Rd South , Gravenhurst, P1P 1J1, Ontario |
| Postal Code: | P1P 1J1 |
| Province/State: | Ontario |
| Legal Description: | *** See Extra Remarks*** |
| Lot Size: | 36.00 x 127.00 (Feet) |
| Directions/Cross Streets: | Hotchkiss Rd And Muskoka Rd |
| Category: | Multi-Use |
| Building Percentage: | N |
| Total Area: | 6825.00 |
| Total Area Code: | Sq Ft |
| Retail Area: | 2280 |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway Public Transit |
| Sprinklers: | N |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Y |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| CENTURY 21 B.J. ROTH REALTY LTD. |
|
|
Simon Huang
Broker
Bus:
905-241-2222
Fax:
905-241-3333
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial/Retail |
| Area: | Muskoka |
| Municipality: | Gravenhurst |
| Lot Size: | 36.00 x 127.00(Feet) |
| Tax: | $3,636.59 |
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