Data was last updated 2023-12-06 at 15:57:15 GMT
$1,895,000

42-44 Colborne St   Kawartha Lakes, Ontario

MLS®: X6819510
URL:    
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!!
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!!

Listing Information

Prop. Type:
Commercial/Retail
City:
Kawartha Lakes
Status:
Active
MLS® Number:
X6819510
Neighbourhood:
Fenelon Falls
Area:
Kawartha Lakes
Province:
Ontario
Listing Date:
Sep 14, 2023
Listing Price:
$1,895,000
Taxes:
$4,803
List Price Code:
For Sale

General Information

Tax Type:
Annual
Lot Code:
Lot
Freestanding?:
Y
Retail Area:
50 %
Total Area:
0.12 Acres
Possession Terms:
TBD
Tax Year:
2023
Lot Depth:
115.40
Lot Front:
44.17

Additional Information

Heating Type:
Elec Forced Air
Trailer Parking Spots:
6
Basement Description:
Y
Extras:
Building has not been on the market for over 25yea
Garage Type:
None
Utilities Available:
Y

Land Information

Sprinklers:
N
Rail:
N
Water Service:
Municipal

Other Information

Business Type:
Retail Store Related
Property Type:
Multi-Use
Area Influences:
Rec Centre
Air Conditioning:
N
Zoning:
C1
Seller Info Statement:
N

VIP-Only Information

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This property is listed by RE/MAX All-Stars Realty Inc. and provided here courtesy of WB Group. For more information or to schedule a viewing please contact WB Group.
WB Group
Keller Williams Referred Urban Realty, Brokerage
Phone: 416 651-1777
Mobile Phone: 416 651-1777
Inquire Via Email
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Toronto Real Estate Board.