141 HOTCHKISS STREET, Gravenhurst , Ontario
$1,625,000
- 5,600 Square Feet
Prime Investment Opportunity in the Heart of Gravenhurst! Exceptional mixed-use income property ideally located in Downtown Gravenhurst, offering a are combination of stable cash flow, strong upside potential, and long-term value. This well-maintained mixed use building is an attractive addition to any investment portfolio. The commercial space offers approximately 2,500 square feet of versatile frontage space, currently tenanted, C1-A zoning ideal for a variety of business uses in a high visibility Downton location. Above and alongside, the resident component totals approximately 2,600 square feet, comprised of five desirable two-bedroom units that continue to generate reliable rental income. Recent improvements demonstrate pride of ownership and reduce future capital concerns, including four year old roof, new staircases, a newer furnace and the recent addition of a brand new 5th two bedroom apartment that will soon be ready for occupancy and presents immediate income growth. Tenants benefit from convenient on-site coin laundry, while investors will appreciate the strong proforma cap rate of 6.2% and consistent revenue stream from this proven asset. The property has been very well maintained throughout, offering a turkey opportunity in majestic Muskoka's most vibrant and growing communities. Whether you are expanding your portfolio or seeking solid first investment, this Downtown Gravenhurst mixed-use property is a smart acquisition with strong income today and upside for tomorrow. (id:56241)
- Listing ID: X13087632
- Property Type: Multi-family
Schedule a Tour
Schedule Private Tour
Becky Hunt would happily provide a private viewing if you would like to schedule a tour.
Match your Lifestyle with your Home
Contact Becky Hunt, who specializes in Gravenhurst real estate, on how to match your lifestyle with your ideal home.
Get Started Now
Lifestyle Matchmaker
Let Becky Hunt find a property to match your lifestyle.
Listing provided by Re/Max Professionals North
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 141 HOTCHKISS STREET in Gravenhurst Ontario. It was last modified on May 5th, 2026. Contact Becky Hunt to schedule a viewing or to discover other Gravenhurst homes for sale.