| Message Number | 429715 |
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| status | Active |
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| Subject Line | Gravenhurst. Prime corner downtown location with 1 Restaurant Building, 1 Retail Store & 3 apts. Potential to build 3 more apts. $1.299M |
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| Business area | |
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| Location, City | Gravenhurst |
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| Have/Want | Have |
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| Business category | Commercial Buildings/Hotels/Motels
Business Opportunities |
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| Date of Listing | October 23 2024 |
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| Type Description | Investment Property & Business Opportunity |
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| Location | Gravenhurst |
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| Price | $1,299,000.00 |
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| Building area | 5300 |
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| Building Area Comment | sqft |
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| Site area | 80 x 132 |
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| Zoning | C1 |
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| Gross Income | $74,880.00 |
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| Expenses | $13,488.00 |
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| Net Income | $61,392.00 |
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| Cap Rate | 4.7% |
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| 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 | All about Gravenhurst |
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| Clients Objective | Retire/Passive |
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| Client Will | Take Back Mortgage |
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| Explain Client's Motivation | Retiring |
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| Control | Listing |
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| Name | Lino Reyes |
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| Title | Salesperson |
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| Company Name | Realty Associates Inc., Brokerage |
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| Address Line One | 8901 Woodbine Ave. Ste 224 |
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| City | Markham |
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| State/Province | Ontario |
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| Zip/Postal Code | L3R 9Y4 |
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| Country | Canada |
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| Business Phone Number | (416)293-1100 |
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| Cell Number | 416-562-9601 |
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| Home Number | 416-562-9601 |
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| FAX Number | 416-293-6700 |
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| Email Address | Send Email |
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| Home Page | Home Page |
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