$439,000
Available - For Sale
Listing ID: X13165932
4249 Highway 520 Highway , Magnetawan, P0A 1P0, Parry Sound
| Exceptional mixed-use investment opportunity in the heart of Magnetawan. This fully 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. |
| Price | $439,000 |
| Taxes: | $2250.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 4249 Highway 520 Highway , Magnetawan, P0A 1P0, Parry Sound |
| Postal Code: | P0A 1P0 |
| Province/State: | Parry Sound |
| Legal Description: | PT LT 9 W/S NORTH SPARKS ST, 10 W/S NORT |
| Directions/Cross Streets: | Sparks(Hwy 520) and Burrows |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Store With Apt/Office |
| Building Percentage: | T |
| Total Area: | 1728.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 864 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway Recreation/Comm |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | F |
| Expenses Actual/Estimated: | $Act |
| Sprinklers: | No |
| Washrooms: | 2 |
| Heat Type: | Propane Gas |
| Central Air Conditioning: | No |
| Sewers: | Septic |
| Water: | Dug Well |
| Water Supply Types: | Dug Well |
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| RE/MAX Parry Sound Muskoka Realty Ltd |
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At a Glance:
| Type: | Com - Store W Apt/Office |
| Area: | Parry Sound |
| Municipality: | Magnetawan |
| Neighbourhood: | Magnetawan |
| Tax: | $2,250 |
| Baths: | 2 |
| Fireplace: | N |
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