171 MUSKOKA ROAD S
Gravenhurst (Muskoka (S)), Ontario
MLS® X13091772
$1,250,000
- Status
- Active
- Property type
- Retail
- MLS® number
- X13091772
- Bedrooms
- —
- Bathrooms
- 3
- Year built
- —
1 / 49Listing description
Downtown Investment Opportunity in Muskoka!!! Located in the heart of Gravenhurst, this property features a versatile commercial-residential space. The prime downtown C1 Core zoned location has high visibility with useable 6,923 sq.
ft. commercial retail space across two levels, plus 1,601 sq. ft.
of back room storage and utility space; in addition, two well-maintained residential units in 2,126 sq. ft. Each 2-bedroom apartment has a large living/dining room with a kitchen, bathroom, and separate hydro service in good condition, offering the opportunity for immediate rental income or to provide on-site living for owner or operating staff.
The building has an efficient gas fired boiler heating system; 200 amp electrical service; on municipal water and sewer. The large display windows in the 42 foot storefront is ideal for showcasing retail; at the rear is a covered loading dock accessing storage/warehouse area. The interior space is open and bright with 9 foot ceilings, ready for your entrepreneurial vision; whether to continue with retail mixed-use or redevelop for modern commercial and residential building.
This is a rare find in the heart of Gravenhurst, the Gateway to Muskoka, serving a vibrant market of tourists year-round, affluent cottage owners, and a growing local community. Seize the opportunity to own a landmark property with proven longevity in a bustling town.
Property summary
- MLS® number
- X13091772
- Property type
- Retail
- Square footage
- 11,196 sq ft
- Land size
- 42.06 x 123 FT
- Annual property taxes
- $8,298.00
- Parking
- 3 spaces
- Days on market
- 112 days
Features & details
- Heating
- Hot water radiator heat, Natural gas
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $1,250,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Re/Max Professionals North, GRAVENHURST.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.