571 MUSKOKA Road N, Gravenhurst, Ontario, P1P1E7
Property TypeOther Lot Size0.2 acres

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:16261)


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Details
Amenities NearbyPark FeaturesPark/reserve
OwnershipFreehold SignDirectory Board
TransactionFor sale Zoning DescriptionC1
Building
Basement DevelopmentUnfinished BasementFull (Unfinished)
CoolingCentral air conditioning Exterior FinishBrick
Fire ProtectionSmoke Detectors, Security system FlooringHardwood, Laminate, Stone
FoundationBlock Heating FuelNatural gas
HeatingForced air Size Exterior3037.0000
Storeys Total2 Utility WaterMunicipal water
Land
Size Total0.2 ac|under 1/2 acre Size Frontage66 ft
Access TypeRoad access, Highway access AmenitiesPark
SewerMunicipal sewage system Size Depth132 ft
Size Irregular0.2

Listing Office: CHESTNUT PARK REAL ESTATE LTD., BROKERAGE, PORT CARLING

Data Provided by The Lakelands Association of REALTORS®

Last Modified :20/05/2022 02:35:40 PM

Listing Office: CHESTNUT PARK REAL ESTATE LTD., BROKERAGE, PORT CARLING

Data Provided by The Lakelands Association of REALTORS®

Last Modified :20/05/2022 02:35:40 PM