| Message Number | 429715 | ||||||||
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| 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 |
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| Location, City | Gravenhurst | ||||||||
| Have/Want | Have | ||||||||
| Business category | Commercial Buildings/Hotels/Motels Business Opportunities |
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| Date of Listing | October 23 2024 | ||||||||
| 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. |
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| Internet Links | |||||||||
| Member Identifier | 2619 | ||||||||
| Clients Objective | Retire/Passive | ||||||||
| Client Will | Take Back Mortgage | ||||||||
| Explain Client's Motivation | Retiring | ||||||||
| Control | Listing | ||||||||
| Name | Lino Reyes | ||||||||
| 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 |
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