571 MUSKOKA Road N , Gravenhurst , Ontario , P1P 1E7

Listing ID :40241043

$900,000.00

571 MUSKOKA Road N , Gravenhurst , Ontario , P1P 1E7

Property Type
Other
Building Type
NA
Storeys
2
Title
Freehold
Land Size
0.2 ac|under 1/2 acre
Parking Type
NA
Year Built
NA

Description

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:38336)

Details

AccessType
Road access, Highway access
Appliances
NA
Features
Park/reserve
Parking Type
NA
Rental Equipment
NA
Structure
NA
Waterfront
NA
WaterFrontName
NA

Building

Bathrooms (Partial)
NA
Bathrooms (Total)
NA
Bedrooms - Above Grade
NA
Bedrooms - Below Grade
NA
Exterior Finish
Brick
Fireplace Type
NA
Floor Space
NA
Flooring
Hardwood, Laminate, Stone
Foundation Type
Block
Heating Fuel
Natural gas
Heating Type
Forced air
Rental Equipment
NA
Style
NA
Utility Sewer
Municipal sewage system
Water
Municipal water

Land

Landscape Features
NA

Terms of Use Agreement

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