Commercial 14,500 Sqft Building, 10 Acres
Location Ontario,Canada
Asking Price Range $500K - $1.0M
Gross Revenues $500000
Net Profit / Cash Flow $300000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1995
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Description Busy landmark retail location 467 ft on hwy 11 north, the gateway to Muskoka, just south of Gravenhurst. Owner is moving the Muskoka Leisure Docks business. Exposure to 20,000 people per weekend. Large 14,500 sf (2 levels) contemporary cedar building built in 1983 with expansive display area. Located on 9 acres with 2 acres spring fed pond. About half of acreage is wooded with appealing stone outcroppings. Upper level has 2,560 sf retail storefront, 406 sf office, and 1,260 sf 2 bedroom apartment. Lower level has 26'x40' storage area plus manufacturing workshop with 3 bays 30'x60' each plus 2 more shops 14'x31'. Outside covered 1,825 sf storage. The building can easily be converted into 5 separate retail spaces. The business can be sold for $400,000 without stock. VTB mortgage with 20% down at 4% interest rate. Bring your offers. Property taxes $9,000 for 2009. Asking price $579,000. Email or call Andrew Sobczak, Member of the Muskoka & Haliburton Real Estate Board, at 705-543-1341 for more info.
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