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$995,000
Est. payment /mo
3 Baths
5,600 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,600 sqft
Price per Sqft $177
Subdivision Huntsville
MLS Listing ID X13678232
Annual Tax Amount $7,609
Tax Year 2026
Property Sub-Type Commercial Retail
Property Description
Prime Huntsville Commercial & Residential Investment Opportunity. Newly painted corner building ideally located on a high-traffic main road in the Town of Huntsville, offering excellent visibility and strong Revenue. The property features 3 income-producing units - 1 commercial and 2 residential - generating nearly $90,000 in gross annual rental income. The convenience store is secured by a 10-year lease, while both residential units are currently leased on 1-year terms. All three leases are available for review. CAP RATE: Over 7% for 2026 and increasing.The property has benefited from over $85,000 in improvements completed during 2025 and 2026, including: New asphalt parking lot/Exterior painting/Renovations on both residential units/New laundry facilities/Basement foundation work/Two new decks and other Additional property improvements. All invoices for completed work are available.The convenience store has a separate hydro meter. The spacious second-floor residential Units consists of two well-maintained 2-bedroom apartments, each with a separate entrance.The property also offers a large parking area with approximately 8 outdoor parking spaces, providing convenient parking for both commercial customers and residential tenants. A strong opportunity for investors seeking a well-maintained, income-producing property with substantial recent capital improvements and long-term commercial income. Contact the Listing Agent for additional details; financial information, and lease documentation.
Location
Province ON
County Muskoka
Area Muskoka
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 83.41
Lot Depth 67.14
Others
Security Features No
ParcelsYN No
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Listed by INTERNATIONAL REALTY FIRM, INC.
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