141 HOTCHKISS STREET, Gravenhurst (Muskoka (S))
· 5600 sqft
$1,595,000
Prime Investment Opportunity in the Heart of Gravenhurst! Exceptional mixed-use income property ideally located in Downtown Gravenhurst, offering a are combination of stable cash flow, strong upside potential, and long-term value. This well-maintained mixed use building is an attractive addition to any investment portfolio. One commercial unit with approximately 2,500 square feet of versatile frontage space, currently tenanted, C1-A zoning ideal for a variety of business uses in a high visibility Downton location. Above and alongside, the resident component totals approximately 2,600 square feet, comprised of five desirable two-bedroom units that continue to generate reliable rental income. Recent improvements demonstrate pride of ownership and reduce future capital concerns, including four year old roof, new staircases, a newer furnace and the recent addition of a new 5th two bedroom apartment that is ready for occupancy and presents immediate income growth. Tenants benefit from convenient on-site coin laundry, while investors will appreciate the strong proforma cap rate of 6.2% and consistent revenue stream from this proven asset. This property is a turkey opportunity in majestic Muskoka's most vibrant and growing communities. Whether you are expanding your portfolio or seeking solid first investment, this Downtown Gravenhurst mixed-use property is a smart acquisition with strong income today and upside for tomorrow.
General Info
| MLS Listing ID: X13805410 | Bedrooms: 0 | Bathrooms: 0 | Year Built: 0 |
| Listing Type: Multi-family | Half Baths: N/A | Fireplace Fuel: N/A | Maintenance Fee: N/A |
| Foundation: N/A | Roof: N/A | Title To Land: N/A | Parking Space Total: 0 |
| Parking: N/A | Heating: Baseboard heaters, Forced air | Size: 5600 sqft | Air Conditioning : None |
| Home Style: N/A | Finished Floor Area: N/A | Fireplaces: N/A | Basement: N/A |
| Water Supply: Municipal water | Road Type: N/A | Pool Type: N/A |
Amenities/Features
- Irregular lot size





















