42-44 Colborne Street, Kawartha Lakes, Ontario

$1,895,000

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5,227

Square feet

About 42-44 Colborne Street

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!!

Features of 42-44 Colborne Street

MLS® # X6819510
Price $1,895,000
Bathrooms 0.00
Square Footage 5,227
Type Commercial Sale
Sub-Type Commercial/Retail
Status A

Community Information

Address 42-44 Colborne Street
Area Kawartha Lakes
Subdivision Fenelon Falls
City Kawartha Lakes
Province Ontario
Postal Code K0M 1N0

Amenities

Utilities Y
Features Building has not been on the market for over 25years and has remained in family.
Garages None

Interior

Heating Elec Forced Air
Has Basement Yes

Exterior

Lot Description 44.17x115.40 Feet

Additional Information

Date Last Updated April 12th, 2024
Zoning C1

Listing Details

OfficeRE/MAX ALL-STARS REALTY INC.

Listing Map

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