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Home ON Gravenhurst
235 MUSKOKA ROAD S
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235 MUSKOKA ROAD S $1,580,000
$1,580,000
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235 MUSKOKA ROAD S
Gravenhurst, Ontario P1P1J1

MLS® Number: X10426203

Listing 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. (38081601)

Location Description

Hotchkiss Rd And Muskoka Rd

Property Summary

Property Type
Retail
Land Size
Bldg=36 x 127 FT
Annual Property Taxes
$3,636.59
Time on REALTOR.ca
34 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Other (Natural gas)
Utilities
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Highway, Public Transit

Measurements

Square Footage
6825 sqft
Exterior Building Size
6825 sqft

Land

Lot Features
Frontage
36 ft
Land Depth
127 ft
Other Property Information
Zoning Description
C1
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
KATIE BAILEY