$3,400,000

80-150-190 Sharpe Street E

Gravenhurst ON, P1P 1J2

Description

Great Investment property located in downtown Gravenhurst occupied by Crunch Gym. Leased for 10 years commencing May 1 2020 at an annual rental of $275,500/annum. 8% cap rate. Extensive renovations to the building including new roof & HVAC. Purchase includes parking lot across the street at 190 Sharpe Street. Frontage is on Royal St & Muskoka Rd South.

Details

MLS#30797148
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site81

Features

SQ Feet17,562
Story(s)0

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Area Information

ProvinceON
CountyMuskoka
CityGravenhurst
Postal CodeP1P 1J2
AreaGravenhurst
Listing VS Median (in P1P 1J2)
Price:
$3,400,000
low | high
Med:
$3,400,000
50% of Average
SqFt:
17,562
low | high
Med:
17,562
50% of Average
$ / SqFt:
$194
low | high
Med:
$194
50% of Average
On Site:
81
low | high
Med:
81
100% of Average
Listing Updated: 05/31/2020
MLS Number: 30797148
Listing Provided By:
Catherine Lowe  of  Ed Lowe Limited Brokerage
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by ONTARIO REGIONAL TECHNOLOGY & INFORMATION SYSTEMS INC. (ORTIS)