Exceptional mixed-use investment opportunity in the heart of Magnetawan. This renovated commercial building offers the perfect blend of business potential, investment value, and small-town charm. Featuring two commercial units on the main level and a beautifully updated two-bedroom apartment above, the property is ideal for entrepreneurs, investors, or anyone looking for a flexible live/work lifestyle. Over the past 14 years, the building has been extensively renovated including windows, insulation, roof, siding, and wiring giving you the confidence of a turnkey property with little left to do. Positioned directly on the main street/highway through town, it offers excellent visibility, easy access, and exposure to both year-round residents and seasonal visitors.Located in a vibrant four-season community on a stunning five-lake chain, Magnetawan is loved for its welcoming atmosphere, popular farmers' market, sandy beach and park, active community events, and endless outdoor recreation. Whether you're looking to grow a business, generate rental income, or invest in a thriving Northern Ontario destination, this property is packed with opportunity. (id:13843)
| MLS # | X13683388 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Days On Site | 70 |
| Listing Provided By | RE/MAX Parry Sound Muskoka Realty Ltd | DENISE GEORGE |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| Basement | Y |
| Story(s) | 2 |
| Zoning | CV |
| Acreage | 0.27 |
| Cooling | None |
|---|---|
| Heating | Forced air, Propane |
| Appliances | Microwave, Water Treatment, Water Heater |
| Fireplace Yes / No | No |
| Foundation Details | Block |
|---|
| Parking Features | No Garage |
|---|---|
| Parking Total | 6 |
| Utilities | Electricity, Cable |
|---|---|
| Sewer | Septic System |
| Water Source | Dug Well |
| Tax Annual Amount | 2309.88 |
|---|
| Province | ON |
|---|---|
| City | Magnetawan |
| Postal Code | P0A1P0 |
| Listing VS Median (in P0A1P0) | |
Price: $424,000 low | high Med: $785,000 On site: 70 low | high Med: 98 | |
| Province | ON |
|---|---|
| City | Magnetawan |
| Postal Code | P0A1P0 |
| Listing VS Median (in P0A1P0) | |
Price: $424,000 low | high Med: $785,000 On site: 70 low | high Med: 98 | |