571 Muskoka Road N Gravenhurst, Ontario P1P 1E7
$900,000
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:39925)
Property Details
| MLS® Number | 40241043 |
| Property Type | Other |
| Amenities Near By | Park |
| Features | Park/reserve |
| Sign Type | Directory Board |
Building
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Fire Protection | Smoke Detectors, Security System |
| Flooring Type | Hardwood, Laminate, Stone |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Exterior | 3037.0000 |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access, Highway Access |
| Acreage | No |
| Land Amenities | Park |
| Sewer | Municipal Sewage System |
| Size Depth | 132 Ft |
| Size Frontage | 66 Ft |
| Size Irregular | 0.2 |
| Size Total | 0.2 Ac|under 1/2 Acre |
| Size Total Text | 0.2 Ac|under 1/2 Acre |
| Zoning Description | C1 |
https://www.realtor.ca/real-estate/24279966/571-muskoka-road-n-gravenhurst
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May 20 2022 07:35:40
Muskoka Haliburton Orillia – The Lakelands Association of REALTORS®
Chestnut Park Real Estate Ltd., Brokerage, Port Carling