571 MUSKOKA Road N, Gravenhurst

Property Overview - For sale

Price $ 900 000 On the Market 41 days
MLS® # 40241043 Type
Bedrooms Bed Bathrooms Bath
Postal Code P1P1E7
Street MUSKOKA Town/Area
Property Size 0.2 ac|under 1/2 acre Building Size 0

Incredible opportunity to own this successful commercial property in downtown Gravenhurst. The property is currently occupied by a highly desirable tenant, operated as an Animal Hospital. The current lease has a term of 10 years, set to expire May 31, 2031. Rent is fixed Triple Net for the first 5 years. Rent is to be renegotiated for the remaining 5-year term, according to the provisions of the lease agreement. All costs of the property are the responsibility of the tenant. Further details of the lease can be shared with serious buyers upon completion of a confidentiality agreement. The building consists of 2 units (semi-detached) with separate entrances. The first unit is outfitted as an animal hospital. The second unit consists of 2-storeys + basement, 2 bedrooms, 2 bathrooms, and a main floor living space with a full kitchen, dining, and board room. This property provides a secure, low-maintenance investment with plenty of upside potential as the town of Gravenhurst continues to experience strong growth. (id:20829)

Land Details

Size Total0.2 ac|under 1/2 acre
Size Frontage66
Size Depth132 ft
Lot size0.2
Ownership TypeFreehold
SewerMunicipal sewage system
Zoning Description C1

Building Details

Property TypeOther
Cooling TypeCentral air conditioning
Exterior FinishBrick
Flooring TypeHardwood, Laminate, Stone
Foundation TypeBlock
Heating FuelNatural gas
Heating TypeForced air
Size Exterior3037
Utility WaterMunicipal water

Video of 571 MUSKOKA Road N,

This listing of a Other property For sale is courtesy of Tyler Da Costa from Chestnut Park Real Estate Ltd Brokerage Port Carling

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