$495,000

About this property

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:66946)