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42-44 COLBORNE ST
Kawartha Lakes Ontario K0M1N0 Canada

$1,895,000

Active Listing ID X6819510
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Retail

$1,895,000

Active Listing ID X6819510
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42-44 COLBORNE ST Investment Opportunity North East corner, High Traffic Area Downtown Fenelon Falls! Commercial/Residential -Just under 10, 000 sq feet with a C1 Zoning, 8 unit multiplex, 4 Residential 2nd Floor & 4 Commercial main floor. Walkability to shopping, the Falls, Beach, Trails & easy access from Hwy 35. Investment generating potential still not a full capacity. The current Tenants wish to remain, all with leases, the anchor tenant with an 8 yr lease. UPGRADES to Building; was completely painted on the exterior in 2018. Flat roof, metal and flashing (2013, Residential flooring, kitchen and bath upgrades specific to individual units. (2) NEW Electric Forced Air Furnaces. Central Air for Commercial units. EBB heat for Residential units. Full unfinished basement, usable storage space. Shared coin Laundry available for residential apartments. All units have individual hydro meters. Breaker panels updated in basement. Opportunity awaits you to invest right here in the Kawartha Lakes!! **** EXTRAS **** Building has not been on the market for over 25years and has remained in family. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Retail
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 4/3/2024 5:33:50 AM GMT
Source Updated Date: 4/24/2024 5:30:12 AM GMT

Courtesy of: HEATHER JOAHRENS, Salesperson, RE/MAX ALL-STARS REALTY INC.

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