Investment Opportunity in Downtown Gravenhurst. A unique opportunity in the heart of downtown Gravenhurst. This former theatre, now operating as a retail space, offers approximately 6,613 sq. ft. of commercial space with impressive high ceilings and a distinctive layout that reflects the building's original use. An established tenant is currently in place with a lease extending to September 2027, providing income while a future owner considers the possibilities for the property.Located on Gravenhurst's Main Street, the property benefits from a highly visible downtown location within one of Muskoka's busiest year-round communities and a destination that sees significant seasonal tourism. With its generous square footage, high ceilings and adaptable interior, the building offers considerable potential for future redevelopment or conversion to a variety of commercial or other permitted uses.An intriguing investment for those looking for an income-producing property today with longer-term redevelopment potential in the heart of Muskoka. (id:13843)
| MLS # | X13665670 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 83 |
| Listing Provided By | Chestnut Park Real Estate | KAREN WHITE |
| Bath(s) | 2 Total |
|---|---|
| Zoning | C1 |
| Acreage | 0.20 |
| Cooling | None |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
| Water Source | Municipal water |
|---|
| Tax Annual Amount | 8170.08 |
|---|---|
| Tax Year | 2025 |
| Province | ON |
|---|---|
| City | Gravenhurst (Muskoka (S)) |
| Postal Code | P1P1H5 |
| Listing VS Median (in P1P1H5) | |
Price: $449,000 low | high Med: $395,000 On site: 83 low | high Med: 83 | |
| Province | ON |
|---|---|
| City | Gravenhurst (Muskoka (S)) |
| Postal Code | P1P1H5 |
| Listing VS Median (in P1P1H5) | |
Price: $449,000 low | high Med: $395,000 On site: 83 low | high Med: 83 | |