171 MUSKOKA ROAD S

Gravenhurst, Ontario P1P1X3
$1,800,000
Address

Street Address

171 MUSKOKA ROAD S

City

Gravenhurst

Province

Ontario

Postal Code

P1P1X3

Country

Canada

Days on Market

85 days

Property Features

Bathroom Total

3

Property Description

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:58834)

Property Details

Location Description

Cross Streets: Bay St. ** Directions: In Gravenhurst, on Muskoka Rd. S. to 171 on west side of road.

Price

1800000.00

ID

X12418071

Transaction Type

For sale

Listing ID

28894148

Property Type

Business

Building

Bathroom Total

3

Cooling Type

Fully air conditioned

Heating Fuel

Natural gas

Heating Type

Hot water radiator heat

Size Interior

9295 sqft

Utility Water

Municipal water

Room
Type Level Dimension
Land

Size Total Text

42.06 x 123 FT

Acreage

false

SizeIrregular

42.06 x 123 FT

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