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$ 169,000
Est. payment /mo
Active
195 Nelson ST Gravenhurst, ON P1P 1K7
UPDATED:
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Muskoka (S)
MLS Listing ID X12862382
Annual Tax Amount $785
Tax Year 2025
Property Sub-Type Land
Property Description
Prime Downtown Corner Development Opportunity in Gravenhurst - Gateway to Muskoka. Exceptional opportunity to acquire a prominent 66 x 132 ft. corner lot in the heart of Gravenhurst. Offering dual frontage on Nelson St. and Clarence St., this parcel provides flexible site design, and convenient access for parking and circulation. Zoned C-6 Commercial, the property permits a broad range of uses including retail, professional office, service commercial, light industrial, warehousing, distribution, hotel/motel, and indoor recreation/entertainment. The zoning also allows for potential mixed-use development incorporating residential units in conjunction with permitted commercial uses (Buyer to verify all permitted uses and requirements with the municipality). Preliminary concept plans have been prepared, envisioning a mixed-use building of approximately 4,500 sq. ft. above grade (excluding basement), featuring a commercial component and five residential units above (2 x 2-bedroom, 2 x 1-bedroom, 1 bachelor). Conceptual layouts also include 900 sqft office area, and 600 sqft. shared common areas. These plans are provided for illustrative purposes only. Buyers are advised to conduct their own due diligence regarding zoning, permitted uses, servicing, and development potential. Municipal services available. Ideally located just minutes to Highway 11 and close to key Muskoka attractions including Muskoka Wharf, Muskoka Bay, and Gull Lake. Walking distance to major amenities such as Canadian Tire, Sobeys, Shoppers Drug Mart, Giant Tiger, and LCBO, by ongoing residential growth and supported by a strong local rental market with low vacancy rates, this property represents an outstanding infill development opportunity for investors, developers, or end-users looking to build in one of Muskoka's most desirable and growing communities. Seller may consider Vendor Take Back (VTB) financing for qualified buyers. Go direct.
Location
State ON
County Muskoka
Area Muskoka
Exterior
Utilities Available Available
Lot Frontage 66.0
Lot Depth 132.0
Others
Security Features No
ParcelsYN No
Listed by HOMELIFE GOLCONDA REALTY INC.