More Photos

×

    For Sale - 141 Hotchkiss Street, Gravenhurst, Ontario

    Est payment $7,659/mo
    Get pre-qualified
    Views   1
    Time on Jump  26 day

    AI Summary *

    • Prime mixed-use property located in vibrant Downtown Gravenhurst.
    • Stable cash flow from existing commercial and residential tenants.
    • Five two-bedroom units providing reliable rental income.
    • Recent upgrades including a new roof and staircases.
    • On-site coin laundry adds convenience for tenants.




    Prime investment opportunity in the heart of gravenhurst! Exceptional mixed-use income property ideally located in downtown gravenhurst, offering a are combination of stable cash flow, strong upside potential, and long-term value. This well-maintained mixed use building is an attractive addition to any investment portfolio. One commercial unit with approximately 2,500 square feet of versatile frontage space, currently tenanted, c1-a zoning ideal for a variety of business uses in a high visibility downton location. Above and alongside, the resident component totals approximately 2,600 square feet, comprised of five desirable two-bedroom units that continue to generate reliable rental income. Recent improvements demonstrate pride of ownership and reduce future capital concerns, including four year old roof, new staircases, a newer furnace and the recent addition of a new 5th two bedroom apartment that is ready for occupancy and presents immediate income growth. Tenants benefit from convenient on-site coin laundry, while investors will appreciate the strong proforma cap rate of 6. 2% and consistent revenue stream from this proven asset. This property is a turkey opportunity in majestic muskoka's most vibrant and growing communities. Whether you are expanding your portfolio or seeking solid first investment, this downtown gravenhurst mixed-use property is a smart acquisition with strong income today and upside for tomorrow.
    Listing IDX13805410
    Address141 Hotchkiss Street
    CityGravenhurst, Ontario
    Price$1,595,000
    StyleInvestment
    Land Size0.13
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentBasement 1Heating / Cooling BaseboardSewer Sanitary+Storm

    ASAP

    Fri

    16

    Oct

    Sat

    17

    Oct

    Sun

    18

    Oct

    Mon

    19

    Oct

    Tue

    20

    Oct

    Wed

    21

    Oct

    Thu

    22

    Oct

    Fri

    23

    Oct

    Sat

    24

    Oct

    Sun

    25

    Oct

    Mon

    26

    Oct

    Tue

    27

    Oct

    Wed

    28

    Oct

    Thu

    29

    Oct

    Fri

    30

    Oct

    Sat

    31

    Oct

    Sun

    1

    Nov

    Mon

    2

    Nov

    Tue

    3

    Nov

    Wed

    4

    Nov

    Thu

    5

    Nov

    Fri

    6

    Nov

    Sat

    7

    Nov

    Sun

    8

    Nov

    Mon

    9

    Nov

    Tue

    10

    Nov

    Wed

    11

    Nov

    Thu

    12

    Nov

    Fri

    13

    Nov

    By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

    Listing Brokerage: Re/Max Professionals North

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

    Recommended Properties

    1018 Georgina Way Unit# 1
    Gravenhurst, Ontario.
    3 Beds | 2 Baths
    $1,639,000
    1072 Xavier Street
    Gravenhurst, Ontario.
    6 Beds | 3 Baths
    $1,560,000
    1017 Davis Drive
    Gravenhurst, Ontario.
    4 Beds | 4 Baths
    $1,678,800
    1145 North Morrison Lake Ro…
    Gravenhurst, Ontario.
    4 Beds | 2 Baths
    $1,599,999
    1445 Beiers Road
    Gravenhurst, Ontario.
    4 Beds | 3 Baths
    $1,498,000
    27 Island 2ml N/a
    Gravenhurst, Ontario.
    3 Beds | 2 Baths
    $1,449,900
    1037 Rockcastle Road
    Gravenhurst, Ontario.
    5 Beds | 3 Baths
    $1,390,000
    41 Miller Island N/a
    Gravenhurst, Ontario.
    4 Beds | 1 Baths
    $1,450,000
    8 Baypoint Court
    Gravenhurst, Ontario.
    3 Beds | 3 Baths
    $1,739,900
    Loading...
    141 Hotchkiss Street
    Gravenhurst , Ontario
    $1,595,000
    Get more info