LOADING

421 Bethune Drive N Gravenhurst, Ontario P1P 1S1

None Baseboard Heaters, Forced Air

$1,299,000

Solid Investment Property - First Time Offered. Building only For Sale. Constructed and maintained with pride of ownership. Zoned C2 Mixed Residential/Commercial 9 unit Building; 7 Residential Apartments and 2 Commercial Units. This 2-storey structure has a 5000 sqft footprint, a total of 9600 SqFt, slab-on-grade, block construction, roof shingles 2021, and is fire code compliant. Five of the seven residential apartments have renovated kitchens, bathrooms, and flooring. Each unit has a dedicated water heater, and Hydro is metered separately. The C1 & C2 Commercial/Retail spaces are leased by 1 successful tenant providing home care medical equipment. The expanse of plate glass commercial storefront windows has been replaced. This optimal location has strong exposure on Bethune Drive N; a high traffic thoroughfare to downtown Gravenhurst with easy access to Highway 11, the Muskoka Airport, and a 90-minute drive from Highway 401, Toronto. A manager has lived onsite since 1996 and is open to discussion for future maintenance. This building has been well managed, has a reliable tenant mix, and is responsibly maintained. Experienced, discerning investors will appreciate this solid, passive investment opportunity. (id:41575)

Property Details

MLS® Number 40140999
Property Type Other
Amenities Near By Airport, Beach, Golf Nearby, Place Of Worship, Playground
Community Features High Traffic Area, Community Centre
Features Visual Exposure, Golf Course/parkland, Beach, Crushed Stone Driveway
Parking Space Total 15

Building

Basement Type None
Constructed Date 1984
Construction Material Concrete Block, Concrete Walls
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Concrete, Vinyl Siding
Fire Protection Smoke Detectors, Alarm System
Flooring Type Carpeted, Concrete, Laminate, Linoleum
Foundation Type Block
Heating Fuel Electric
Heating Type Baseboard Heaters, Forced Air
Stories Total 2
Size Exterior 9602.0000
Utility Water Municipal Water

Parking

Attached Garage
Visitor Parking

Land

Access Type Road Access, Highway Access, Highway Nearby
Acreage No
Land Amenities Airport, Beach, Golf Nearby, Place Of Worship, Playground
Sewer Municipal Sewage System
Size Depth 227 Ft
Size Frontage 92 Ft
Size Irregular 0.368
Size Total 0.368 Ac|under 1/2 Acre
Size Total Text 0.368 Ac|under 1/2 Acre
Zoning Description C2

Utilities

Cable Available
Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/23441096/421-bethune-drive-n-gravenhurst

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