235 Muskoka Rd S Road Gravenhurst, Ontario P1P 1J1

$1,580,000

OWNER RETIRING! Don't miss this incredible opportunity to own a beautifully renovated, income-generating building in the heart of town. Blending old-world charm with modern conveniences, this property is one of the largest and most desirable in the area, offering strong cash flow and endless potential. Located in the busiest part of town, its just a short walk to the Lake Muskoka harbour, where you can dine by the water or enjoy the scenic boardwalk. Gull Lake Park is only two minutes away, perfect for a swim or a relaxing afternoon at the one of the best of the six beaches in town. Currently set up as five units, the main floor features two storefronts, while the second level offers two additional office or retail spaces. The third floor boasts a fully furnished two-bedroom executive suite, ideal for Airbnb or personal use, with potential to add two more bedrooms. A fourth level could be opened up to create an impressive loft with soaring 26-foot cathedral ceilings. With approximately 2,280 sq. ft. per floor, the layout provides flexibility to accommodate future tenants' needs. The owner is willing to help with a smooth transition and can lease the second and third levels for one year or vacate upon closing.This is an exceptional investment in a thriving location with low taxes, and HST is included in the sale. Just 25 minutes north of Orillia, this is your chance to live, work, and invest in beautiful Muskoka. Don't wait opportunities like this are rare! (id:50638)

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https://www.realtor.ca/real-estate/27620686/235-muskoka-rd-s-road-gravenhurst