Cross Streets: West Road / Centre St N. ** Directions: Take Hwy 400 N To Hwy 11 N And Take Exit #221 Muskoka Rd To 2 Huntsville/Ravescliffe And Turn Right On West Rd. White Building is 1/2 KM on the right hand side. Prime Huntsville Commercial & Residential Investment Opportunity. Newly painted corner building ideally located on a high-traffic main road in the Town of Huntsville, offering excellent visibility and strong Revenue. The property features 3 income-producing units - 1 commercial and 2 residential - generating nearly $90,000 in gross annual rental income. The convenience store is secured by a 10-year lease, while both residential units are currently leased on 1-year terms. All three leases are available for review. CAP RATE: Over 7% for 2026 and increasing.The property has benefited from over $85,000 in improvements completed during 2025 and 2026, including: New asphalt parking lot/Exterior painting/Renovations on both residential units/New laundry facilities/Basement foundation work/Two new decks and other Additional property improvements. All invoices for completed work are available.The convenience store has a separate hydro meter. The spacious second-floor residential Units consists of two well-maintained 2-bedroom apartments, each with a separate entrance.The property also offers a large parking area with approximately 8 outdoor parking spaces, providing convenient parking for both commercial customers and residential tenants. A strong opportunity for investors seeking a well-maintained, income-producing property with substantial recent capital improvements and long-term commercial income. Contact the Listing Agent for additional details; financial information, and lease documentation. NOTE: Convenience Store is also available for Sale, in addition to the property (Contact Listing Agent for Pricing). (id:27476)
