171 Muskoka Road S, Gravenhurst), Ontario P1P 1X3

Listed for:
$1,800,000
0 beds
3 baths
Listed 58 days ago
171 Muskoka Road S, Gravenhurst), Ontario P1P 1X3

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Learn more about this property
Listing provided by:
Re/Max Professionals North
MLS® number:
X12418071
Agent:
Hugh Nichols
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About

Cross Streets: Bay St. ** Directions: In Gravenhurst, on Muskoka Rd. S. to 171 on west side of road. Downtown Gravenhurst Land, Building & Business Investment Opportunity!! After 76 years of family operations, the current owners are retiring. Asset or Share sale includes 9.295 sq. ft. 3 level commercial building with 2 residential unit on the upper level, and a Furniture, Appliance, decor business on a 46 foot by 123 foot with C1 Commercial Core occupies in a prime location on the vibrant main street in downtown Gravenhurst. Retail Space: Two levels comprising 7,169 sq. ft. (3,938 sq. ft. main floor + 3,231 sq. ft. lower level) Residential Space: Two well-kept apartments totaling 2,126 sq. ft., each with its own kitchen, bathroom and hydro meter. South Apt. is approx. 1000sqft, has 2 beds, 1 bath and laundry in the kitchen. North Apt. is approx. 1200sqft, has 1 bed + den, 1 bath a large living/dining room. Efficient gas-fired boiler heating system. 200 AMP electrical service, municipal water and sewer. Storefront with display windows and signage. The interior retail space is open, bright, and ready for a new management and concept or continue on the tradition of furniture, major appliance and bed retail sales. The apartments above are in good condition, offering immediate rental income or on-site living for the owner/operator. This is a rare investment opportunity in the heart of Gravenhurst the gateway to Muskoka only 1.5 hours from the GTA. Gravenhurst is the most southern Muskoka business centre serving the growing local community, affluent cottagers and a vibrant tourist market. With a well structured serious offer a VTB is possible. (id:27476)

Property Highlights

MLS® Number
X12418071
Type
Business
Community Name
Muskoka (S)
Land Size
42.06 x 123 FT
Parking Space Total
2

Building

Square Footage
9295 sqft
Bathrooms Total
3
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Hot water radiator heat
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location