$1,950,000 FOR SALE

Commercial/Retail

Lot: 44.17 x 115.4 ftTotal Area: 0.12 acres
2023 Taxes: $4,803

42-44 COLBORNE St
Kawartha Lakes, ON K0M 1N0 | Fenelon Falls

Discover a lucrative investment opportunity in downtown Fenelon Falls! This expansive property, ideally situated on the high-traffic northeast corner, combines commercial & residential spaces across nearly 10,000 sq ft, with coveted C1 zoning. The building features a unique layout: 4 commercial units on the main floor & 4 residential units on the top floor, all currently occupied by stable tenants eager to remain. recent upgrades include fresh paint (2018), a durable flat metal roof, updated residential flooring, modernized kitchens and baths, & new breaker panels in the basement. Additional amenities include a full unfinished basement for ample storage, a new electric forced air furnace, central air conditioning for commercial spaces, and efficient electric baseboard heating for residential units. residents benefit from a shared coin-operated laundry facility. This property represents not only a sound investment but also a strategic foothold in the heart of Kawartha Lakes. With immediate income potential and promising future growth, seize the opportunity to own a piece of this thriving community. Schedule your viewing today to explore all that this property has to offer!

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Listed By RE/MAX ALL-STARS REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8472988
Last Updated Jun 24, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Use Retail Store Related
Category Multi-Use
PIN 631520081
Legal Description SEE REMARKS
Occupancy Own+Ten
Possession Date TBD
Taxes (2023) $4,803
Tax Type Annual
Assessment (2023) $274,000
Directions/Cross Streets Colborne St down town
Neighbourhood Fenelon Falls
Area Kawartha Lakes
Price History
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Detailed Information
Freestanding Y
Lot 44.17 x 115.4 ft
Retail Area 50 percent
Total Area 0.12 acres
Air Conditioning N
Basement Y
Garage Type None
# Trailer Parking Spots 6
Heat Type Elec Forced Air
Area Influences Rec Centre
Sprinklers N
Utilities Y
Water Municipal
Rail N
Survey Y
Lot/Bldg/Unit Code Lot
Zoning C1
Seller Property Info Statement N

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