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. 1000sqft, has 2 beds, 1 bath and laundry in the kitchen. North Apt. is approx. 1200sqft, 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.
Address
171 Muskoka Road S
List Price
$1,800,000
MLS® Status
New
Expiration Date
2025-12-24
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
For Sale
Area
Gravenhurst
Sub-Area
Muskoka (S)
Region
Muskoka
Bathrooms
3
Lot Size Source
MPAC
Lot Depth
123
Lot Shape
Rectangular
Lot Type
Lot
Lot Size Units
Feet
Lot Width
42.06
Parcel Number
481910194
Total Building Area
9295
Occupant Type
Owner
Cross Street
Bay St.
Approx. Age
51 - 99 Years
MLS® Number
X12418071
Listing Brokerage
Re/Max Professionals North
Basement
Yes
Postal Code
P1P 1X3
Posession Details
Immediate
Parking Spaces
2
Tax Amount
$7,828.00
Tax Year
2024
Standard Status
Active
Board Or Association
One Point Association of REALTORS
Heat Type
Gas Hot Water
Cooling Features
Yes
UFFI
No
Garage Type
Covered
Tax Legal Description
PT LT 8 W/S MUSKOKA RD PL 8 GRAVENHURST AS IN DM214610; T/W EASEMENT OVER PT LT 9 E/S JOHN ST. PL 8 GRAVENHURST PT 2 & 3 35R22310 AS IN MT65186; GRAVENHURST; THE DISTRICT MUNICIPALITY OF MUSKOKA TOGETHER WITH AN EASEMENT OVER PT LT 8 W/S MUSKOKA RD PL 8 G
Security Features
No
Sewer
Sanitary+Storm Available
Business Name
Gravenhurst Furniture