Asking Price:

$1,250,000

Ref# X5670437

Available for Sale » Commercial | Commercial/Retail
180-190 Phillip St E (Muskoka Rd. & First St.)
Gravenhurst
Michael Schuler, SIOR
Senior Vice President / Broker
905-825-2378
Mike Babbie
Vice President / Broker
905-825-2378
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 6/10 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 Business At $ 1, 250, 000.00 + Inventory Won't Last Long.
Property Features
  • Retail Area: 2500 Sq Ft
  • Total Area: 4000 Sq Ft
  • Land Size: 198.02 X 132
  • Estimated annual taxes: $5989.05
  • Commercial/Retail / Service
  • Allowed Use: Automotive Related
  • Zoning: C-1
  • Outside/Surface Garage
  • Part AC
The above information is deemed reliable, but is not guaranteed. Search facilities other than by a consumer seeking to purchase or lease real estate, is prohibited.
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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 6/10 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 Business At $ 1, 250, 000.00 + Inventory Won't Last Long.
The above information is deemed reliable, but is not guaranteed. Search facilities other than by a consumer seeking to purchase or lease real estate, is prohibited.
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Appointment Request #X5670437