235 Muskoka Road South, Gravenhurst | Image 1

235 Muskoka Road South

Gravenhurst

  • Commercial

$1,580,000
For Sale

Added 3 months ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Zoning: C1

  • Age: No Data

  • Taxes: 3636.59

  • MLS®#: X10426203

  • Days on Site: 98 Days

  • Added: Nov 15, 2024 (3 months ago)

  • Updated:

  • Last Checked: 4 hours ago

  • Listed By: CENTURY 21 B.J. ROTH REALTY LTD.

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.

Property

  • Status: Sale

  • Property Type: Commercial/Retail

  • Property Type: Multi-Use

  • Area: Gravenhurst

  • Availability Date: Flexible

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Tax Legal Description: *** See Extra Remarks***

  • Taxes: $3,637

  • Taxes Type: Annual

Land

  • Cross Street: Hotchkiss Rd And Mus

  • Municipality District: Gravenhurst

  • Parcel Number: 481910192

  • Lot Depth: 127 Feet

  • Lot Frontage: 36 Feet

  • Zoning: C1

Commercial Specific

  • Retail Area: 2280

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 6825

  • Total Area Metric: Sq Ft

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Lot Code: Building

JK-8

Muskoka Falls Public School

Elementary: Public
10.32 km
JK-8

Monsignor Michael O'Leary School

Elementary: Catholic
14.50 km
JK-8

Gravenhurst Public School

Elementary: Public
0.28 km
JK-8

Muskoka Beechgrove Public School

Elementary: Public
1.84 km
JK-8

Bracebridge Public School

Elementary: Public
14.40 km
JK-8

Monck Public School

Elementary: Public
14.20 km
9-12

St Dominic Catholic Secondary School

Secondary: Catholic
15.64 km
9-12

Gravenhurst High School

Secondary: Public
0.25 km
9-12

Patrick Fogarty Secondary School

Secondary: Catholic
32.82 km
9-12

Bracebridge and Muskoka Lakes Secondary School

Secondary: Public
16.74 km
9-12

Trillium Lakelands' AETC's

Secondary: Public
14.29 km
9-12

Orillia Secondary School

Secondary: Public
34.39 km