1501 Muskoka Road 169 N/a, Gravenhurst, ON

$1,938,000

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10

Baths

1.68

Acres

About 1501 Muskoka Road 169 N/a

Pine Grove Cottages presents a unique opportunity to acquire an established waterfront commercial property offering approximately 460 feet of west-facing shoreline on Pine Lake, eight fully self-contained guest cottages and an owner's residence, all just minutes from Gravenhurst. Set on approximately 1.68 acres, the property features a sand beach, natural rock outcroppings, beautiful southwest exposure and convenient year-round access from Muskoka Road 169. The eight guest cottages are positioned throughout the property, many enjoying views over the lake. All buildings are in various states of repair and the property is being offered with the expectation that a new owner will undertake updating and improvements. Zoned Commercial Waterfront (CW-8) with site-specific provisions recognizing the existing buildings and uses, the property provides an established framework for continued commercial waterfront use. With substantial shoreline, an existing accommodation business, excellent access and close proximity to Gravenhurst, Pine Grove Cottages offers significant upside for an energetic new owner with the vision and resources to revitalize the property and capitalize on an increasingly difficult-to-find Muskoka waterfront commercial opportunity.

Features of 1501 Muskoka Road 169 N/a

MLS® # X13603170
Price $1,938,000
Bathrooms 10.00
Acres 1.68
Type Commercial
Sub-Type Investment
Status Active

Community Information

Address 1501 Muskoka Road 169 N/a
Area Muskoka
Subdivision Wood (Gravenhurst)
City Gravenhurst
Province ON
Postal Code P1P 1R2

Amenities

Garages Covered
Is Waterfront Yes

Interior

Heating Baseboard
Cooling No
Fireplace No

Listing Details

OfficeRe/Max Professionals North

Listing Map

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