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For Sale - 1501 Muskoka Road 169 N/A, Gravenhurst, Ontario

1501 Muskoka Road 169 N/a

Gravenhurst , Ontario

10 $1,938,000

Est payment $9,306/mo

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Time on Jump 87 day

AI Summary *

Established waterfront property with 460 feet of shoreline on Pine Lake.
Includes eight self-contained guest cottages and an owner's residence.
Beautiful sand beach and natural rock outcroppings enhance the setting.
Zoned for commercial use, with room for updating and improvements.
Great access from Muskoka Road and minutes from Gravenhurst amenities.

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Purchase Price

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Down Payment:
$ 96,900 ( 5% )

First Time Buyer:
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New Build:
Yes No

Pine grove cottages presents a unique opportunity to acquire an established waterfront commercial property offering approximately 460 feet of west-facing shoreline on pine lake, eight fully self-contained guest cottages and an owner's residence, all just minutes from gravenhurst. Set on approximately 1. 68 acres, the property features a sand beach, natural rock outcroppings, beautiful southwest exposure and convenient year-round access from muskoka road 169. The eight guest cottages are positioned throughout the property, many enjoying views over the lake. All buildings are in various states of repair and the property is being offered with the expectation that a new owner will undertake updating and improvements. Zoned commercial waterfront (cw-8) with site-specific provisions recognizing the existing buildings and uses, the property provides an established framework for continued commercial waterfront use. With substantial shoreline, an existing accommodation business, excellent access and close proximity to gravenhurst, pine grove cottages offers significant upside for an energetic new owner with the vision and resources to revitalize the property and capitalize on an increasingly difficult-to-find muskoka waterfront commercial opportunity.

Listing IDX13603170

Address1501 Muskoka Road 169 N/A

CityGravenhurst, Ontario

Price$1,938,000

Bath10 Full

StyleInvestment

Land Size1.68

TypeIndustrial/Commercial

StatusFor Sale

Extras

Subtype InvestmentWaterfront 1Heating / Cooling Baseboard

Market Info

Listing Brokerage: Re/Max Professionals North

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Listing Brokerage: Re/Max Professionals North

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For Sale - 1501 Muskoka Road 169 N/A, Gravenhurst, Ontario

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