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171 Muskoka Road S Gravenhurst (Muskoka (S)), Ontario P1P 1X3

3 Bathroom 9295 sqft
Fully Air Conditioned Hot Water Radiator Heat

$1,400,000

NEW ATTRACTIVE PRICE for this Rare Downtown Gravenhurst Investment & Development Opportunity!!! A true once-in-two-generation offering, this 9,295 sq. ft. commercial/residential building occupies a prime location on the vibrant main street of Gravenhurst. Owned and operated by the same successful furniture and appliance business for an extraordinary 76 years, this property now awaits its next chapter. The Retail Space on two levels comprising 7,169 sq. ft. (3,938 sq. ft. main floor + 3,231 sq. ft. lower level). The Residential Space: has two well-kept apartments totaling 2,126 sq. ft., each with its own kitchen, Bathroom and Hydro service. South Apt. has approx. 1,000 sq.ft. with 2 beds, 1 bath and in kitchen laundry while North Apt. has approx. 1,125 sq.ft. with 1 bed + den, 1 bath and a large living/dining room. The efficient gas-fired boiler heating system; 200 AMP electrical service; on municipal water and sewer. 42 feet store front with large display windows ideal for showcasing retail. At rear is a cover loading dock, warehouse storage area, and utility rooms. The interior retail space is open, bright, with 9' ceilings and ready for your vision whether you continue retail operations, create a mixed-use hub, or redevelop for modern commercial and residential use with C1 Commercial Core Zoning. The apartments above are in good condition, offering immediate rental income or on-site living for an owner/operator. This is a rare find in the heart of Gravenhurst the gateway to Muskoka, surrounded by year-round tourism and a growing local community. Seize the opportunity to own a landmark property with proven longevity and unlimited potential. (id:51004)

Business

Business Type Retail and Wholesale
Business Sub Type Retail misc.
Name Gregory Eric Knapp & Colleen Alvena Knapp

Property Details

MLS® Number X12418079
Property Type Retail
Community Name Muskoka (S)
Parking Space Total 4

Building

Bathroom Total 3
Age 51 To 99 Years
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Hot Water Radiator Heat
Size Interior 9295 Sqft
Utility Water Municipal Water

Land

Acreage No
Size Depth 123 Ft
Size Frontage 42 Ft
Size Irregular 42.06 X 123 Ft
Size Total Text 42.06 X 123 Ft
Zoning Description C1

https://www.realtor.ca/real-estate/28894149/171-muskoka-road-s-gravenhurst-muskoka-s-muskoka-s


Re/Max Professionals North
395 Muskoka Road S
Gravenhurst, Ontario P1P 1J4

(705) 687-2243
(800) 783-4657

HUGH NICHOLS
Broker

(705) 687-2243
Re/Max Professionals North
395 Muskoka Road S
Gravenhurst, Ontario P1P 1J4

(705) 687-2243
(800) 783-4657

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