| Message Number | 433587 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| status | Active | ||||||||
| Subject Line | Gravenhurst. Prime corner downtown location with 1 Restaurant Building, 1 Retail Store & 3 apts. Potential to build 3 more apts. $1.299M | ||||||||
| Business area |
|
||||||||
| Location, City | Gravenhurst | ||||||||
| Have/Want | Have | ||||||||
| Business category | Commercial Buildings/Hotels/Motels Business Opportunities |
||||||||
| Date of Listing | April 29 2025 | ||||||||
| Type Description | Investment Property & Business Opportunity | ||||||||
| Location | Gravenhurst | ||||||||
| Price | $1,299,000.00 | ||||||||
| Building area | 5300 | ||||||||
| Building Area Comment | sqft | ||||||||
| Site area | 80 x 132 | ||||||||
| Zoning | C1 | ||||||||
| Gross Income | $74,880.00 | ||||||||
| Expenses | $13,488.00 | ||||||||
| Net Income | $61,392.00 | ||||||||
| Cap Rate | 4.7% | ||||||||
| Comments | NOTE: Will Sell Corner Restaurant building with Chattels & Equipment for $899K.
Seller will hold 1st Mortgage at below bank interest rate. |
||||||||
| Internet Links | |||||||||
| Clients Objective | Retire/Passive | ||||||||
| Client Will | Take Back Mortgage | ||||||||
| Explain Client's Motivation | Retiring | ||||||||
| Control | Regular Client | ||||||||
| Name | Lino Reyes | ||||||||
| View my Other Listings, Haves and Wants: | CLICK HERE! | ||||||||
| Title | Salesperson | ||||||||
| Company Name | Realty Associates Inc., Brokerage | ||||||||
| Address Line One | 8901 Woodbine Ave. Ste 224 | ||||||||
| City | Markham | ||||||||
| State/Province | Ontario | ||||||||
| Zip/Postal Code | L3R 9Y4 | ||||||||
| Country | Canada | ||||||||
| Business Phone Number | (416)293-1100 | ||||||||
| Cell Number | 416-562-9601 | ||||||||
| Home Number | 416-562-9601 | ||||||||
| FAX Number | 416-293-6700 | ||||||||
| Email Address | Send Email | ||||||||
| Home Page | Home Page |
For The Public, buyers and sellers.
For Real Estate Brokers and Salespeople
Global Real Estate Networking Provided By The ICIWorld Association of Real Estate Brokers and Salespeople. Established 1994. Mailing Address: 18 King St. E., Suite 1400, Toronto, Ontario M5C 1C4 Canada 416-777-2633. Orlando, Florida, USA 954-317-2327