180 Phillip St E

Gravenhurst, P1P1J4
UNAVAILABLE
180 Phillip St E, Gravenhurst
Service
CATEGORY
4,000 Sq Ft
TOTAL AREA
X5670437
MLSID
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Property Description
It Is Seldom That A Successful Family-Run Business Becomes Available. The Founder, And Current Owner, Dave Cruise, After 50 Years, Says " It Is Time To Retire". Several Structures On This 4/10 Of An Acre Property In Gravenhurst Are Currently Generating Used Car Sales And Service In Excess Of A Million Dollars Annually. The Sellers Are Willing To Stay On For Up To One Year To Train And Assist The New Owners In The Transition, As Well As Holding A Substantial Second Mortgage @ 6%, Interest Only, Payable Monthly And For Up To Five Years. This Deal At $ 1,250,000.00 + Inventory Won't Last Long.
Extras
Note: All Data Is From Sources Deemed Reliable But No Warranty Is Given By The Brokerage Or It Agents. The Property Consists Of Retail/Service/Office Bldgs
Property Details
Category
Service
Usage
Automotive Related
Zoning
C-1
Total Area
4,000 Sq Ft
Retail Area
2,500 Sq Ft
Lot Size
132' x 132'
Taxes
$5,989 (2021)
Listing contracted with Coldwell Banker Integrity Real Estate Inc., Brokerage
Similar Listings
180 Phillip St E, Gravenhurst
Service
$899,000
FOR SALE
Here is your chance to own a quarter block of commercially zoned property in the heart of Gravenhurst in Muskoka! To be purchased alongside 190 Phillip St. (MLS X7304542). VTB in first position will be considered and is negotiable. Currently an autobody shop, this property features 3 buildings with a total of 5 bay doors. There is office space above one bay currently being used as storage and both shops are insulated and heated. Ample parking and a separate office building with a kitchen area, space for 3 offices inside, and a bathroom. The shingles were replaced inside the office building in 2023 and 2 new wall furnaces have been installed. As a bonus, the property at 190 Phillip St. features a residence with 4 bedrooms and 2 bathrooms.
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