Message Number407573
statusActive
Subject LineGravenhurst. Prime corner downtown location with 2 buildings consisting 2 commercial stores & 3 apts. Potential to build 3 more residential apts. $1.199M
Business area
Canada
Ontario
Northern Ontario
Location, CityGravenhurst
Have/WantHave
Business categoryCommercial Buildings/Hotels/Motels
Date of ListingJune 16 2022
Type DescriptionInvestment Property
LocationGravenhurst
Price$1,199,000.00
Building area5300
Building Area Commentsqft
Site area80 x 132
ZoningC1
Gross Income$74,880.00
Expenses$13,488.00
Net Income$61,392.00
Cap Rate5.1%
CommentsPotential to build 3 residential units at rear of 1st building and expand front commercial store. Lots of on-site parking.
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All about Gravenhurst

Clients ObjectiveRetire/Passive
Client WillTake Back Mortgage
Explain Client's MotivationRetiring
ControlMLS
NameLino Reyes
TitleSalesperson
Company NameRealty Associates Inc., Brokerage
Address Line One8901 Woodbine Ave. Ste 224
CityMarkham
State/ProvinceOntario
Zip/Postal CodeL3R 9Y4
CountryCanada
Business Phone Number(416)293-1100
Cell Number416-562-9601
Home Number416-562-9601
FAX Number416-293-6700
Email AddressSend Email
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