For Sale - 171 Muskoka Road, Gravenhurst, Ontario

Est payment $7,435/mo
Views   1
Time on Jump  140 day
  • Prime downtown location with a long-standing family-run business.
  • Spacious three-level building featuring retail and two residential units.
  • Two well-kept apartments offering immediate rental income potential.
  • Bright and open retail space ready for new management or concept.
  • Affordable entry into Muskoka's growing market for investors.



New attractive price for this 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. 1,000 sq. Ft, has 2 beds, 1 bath and laundry in the kitchen. North apt. Is approx. 1,125 sq. Ft. 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.
Listing IDX12418071
Address171 Muskoka Road
CityGravenhurst, Ontario
Price$1,500,000
Bath3 Full
StyleInvestment
Land Size5518.56
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentBasement 1Heating / Cooling Gas Hot WaterSewer Sanitary+Storm Available
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Listing Agency:  Re/Max Professionals North
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171 Muskoka Road
Gravenhurst , Ontario
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