$1,825,000
42-44 COLBORNE ST Kawartha Lakes, ON K0M 1N0
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$1,825,000
Est. payment /mo
Price Dropped by $70K
42-44 COLBORNE ST Kawartha Lakes, ON K0M 1N0
UPDATED:
11/01/2024 04:48 PM
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID X9366765
Annual Tax Amount $4,803
Tax Year 2023
Property Description
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!
Location
State ON
County Kawartha Lakes
Community Recreation/Community Centre
Area Fenelon Falls
Interior
Cooling No
Exterior
Community Features Recreation/Community Centre
Utilities Available Yes
Parking Type None
Others
Security Features No
Listed by RE/MAX ALL-STARS REALTY INC.
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