144 Highway 60 Highway Huntsville (Chaffey), Ontario P1H 1C2

$3,700,000

Investment opportunities of this scale and versatility are becoming increasingly difficult to find in Huntsville. Situated on just over an acre with approximately 174 feet of frontage along Highway 60, this Urban Mixed Use (UM) property offers exceptional visibility, strong existing tenancy, and future development potential in one of Muskoka's busiest commercial corridors. The 14,430 sq. ft. commercial building is currently occupied by the anchor tenant, Kelly's Furniture, a long-established local business, providing investors with stability from day one. Behind the commercial space are three fully tenanted two-bedroom residential apartments, creating additional income streams and adding to the property's overall investment appeal. With approximately 55 parking spaces and direct exposure to thousands of vehicles travelling Highway 60 each day, the property is well-positioned to support a wide range of commercial and mixed-use applications. The Urban Mixed Use designation provides flexibility for future owners, permitting a variety of commercial, retail, service, office, residential, and mixed-use development opportunities, making this an attractive long-term hold with potential for future repositioning or redevelopment. Whether you're looking to expand your investment portfolio, secure a prominent commercial asset in a growing market, or capitalize on the flexibility offered by Huntsville's evolving planning framework, this property presents a rare opportunity to acquire a high-profile mixed-use investment in a prime location. Land and building for sale only. (id:43681)

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https://www.realtor.ca/real-estate/29902547/144-highway-60-highway-huntsville-chaffey-chaffey