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. (id:13139)
| MLS® Number | X13166060 |
| Property Type | Single Family |
| Community Name | Magnetawan |
| EquipmentType | Propane Tank |
| ParkingSpaceTotal | 6 |
| RentalEquipmentType | Propane Tank |
| BathroomTotal | 2 |
| BedroomsAboveGround | 2 |
| BedroomsTotal | 2 |
| Appliances | Water Heater, Water Treatment |
| BasementDevelopment | Unfinished |
| BasementType | Full (unfinished) |
| CoolingType | None |
| ExteriorFinish | Vinyl Siding |
| FoundationType | Block |
| HalfBathTotal | 1 |
| HeatingFuel | Propane |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| Type | Residential Commercial Mix |
| UtilityWater | Dug Well |
| No Garage |
| Acreage | No |
| Sewer | Septic System |
| SizeDepth | 166 Ft |
| SizeFrontage | 71 Ft ,6 In |
| SizeIrregular | 0.268 |
| SizeTotal | 0.268 Ac|under 1/2 Acre |
| SizeTotalText | 0.268 Ac|under 1/2 Acre |
| ZoningDescription | Cv |
| Cable | Available |
| Electricity | Installed |
https://www.realtor.ca/real-estate/29796081/4249-highway-520-highway-magnetawan-magnetawan
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