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$1,825,000
Est. payment /mo
Active
42-44 COLBORNE ST Kawartha Lakes, ON K0M 1N0
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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
Province ON
County Kawartha Lakes
Community Fenelon Falls
Area Kawartha Lakes
Region Fenelon Falls
City Region Fenelon Falls
Interior
Cooling No
Exterior
Community Features Recreation/Community Centre
Utilities Available Yes
Others
Security Features No
Listed by RE/MAX ALL-STARS REALTY INC.