$1,895,000 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

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.

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Listed By RE/MAX ALL-STARS REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X6819510
Last Updated Dec 06, 2023
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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