22
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$1,580,000
Est. payment /mo
6,825 SqFt
Active
235 MUSKOKA ROAD S Gravenhurst, ON P1P1J1
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,825 sqft
Price per Sqft $231
MLS® Listing ID X10426203
Originating Board Toronto Regional Real Estate Board
Property Description
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:24570)
Location
State ON
Interior
Heating Other
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by CENTURY 21 B.J. ROTH REALTY LTD.
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