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42-44 Colborne St Kawartha Lakes, Ontario K0M 1N0

$1,895,000

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. (id:31787)

Business

Business Type Retail and Wholesale
Business Sub Type Retail misc.

Property Details

MLS® Number X6819510
Property Type Retail
Community Name Fenelon Falls
Amenities Near By Recreation

Building

Utility Water Municipal Water

Land

Acreage No
Land Amenities Recreation
Size Irregular 44.17 X 115.4 Ft
Size Total Text 44.17 X 115.4 Ft

https://www.realtor.ca/real-estate/26057851/42-44-colborne-st-kawartha-lakes-fenelon-falls

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