38
42-44 Colborne St
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$1,895,000 (-17%) Sale
Listed 85 days ago
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Listing History
Buy/Sell/Terminated/Expired listing history for 42-44 Colborne St
Key Facts
Key facts for 42-44 Colborne St
Property Type
Commercial
Parking
None , 0 parking
MLS #
X6819510
Size
-
Basement
Y
Listed on
-
Lot size
44 x 115.40
Tax
$4,803 /yr
Days on Market
-
Approximate Age
-
Maintenance Fee
-
Description
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 H...wy 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.
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Courtesy of: RE/MAX ALL-STARS REALTY INC.