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For Sale

151 Royal Street, Gravenhurst, ON P1P 1H5

$395,000

151 Royal Street, Gravenhurst — MLS X13665672
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Beds
2
Baths
2
Sqft
1100-1500
Type
Detached
Style
2-Storey
Parking
10
Heating
Forced Air
A/C
None
Basement
Exposed Rock, Unfinished
MLS®
X13665672

Excellent investment opportunity in the heart of downtown Gravenhurst. This detached two-storey property offers approximately 1,440 sq. ft. of finished space, with approximately 720 sq. ft. on each level. The main floor is currently occupied by an established hair salon, with the same tenant in place for over 20 years. The upper level features a self-contained two-bedroom residential apartment with separate entrances. A large backyard provides ample parking and is currently used by both the residential and commercial tenants. Recent improvements include a furnace approximately three years old, along with newer shingles and soffit.Both tenants are currently month-to-month. The residential tenant pays 100% of their hydro. The main-floor salon tenant pays 100% of hydro, 75% of gas, and 80% of water and sewer costs. A versatile downtown property offering established tenancy, on-site parking and a combination of residential and commercial income, all within walking distance of Gravenhurst's downtown amenities.

This detached sits in Muskoka (S), in Gravenhurst. Gravenhurst is Muskoka’s gateway town, home to the Muskoka Wharf, steamship cruises, and a mix of in-town homes and lakefront getaways.

Browse more on our Gravenhurst community page, or see every local listing at our listings search.

Thinking of a move of your own? We list homes across Simcoe County and beyond for a 1% listing commission with full service included. Questions about this property or the market? Contact us or call 705-722-9111.

Listing courtesy of Chestnut Park Real Estate.

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