42-44 Colborne Street

Fenelon Falls, ON

MLS® 40652248

For sale
$1,825,000

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!
Property Details
Parking Total
6
Property Type
Commercial
Community Features
Business Centre
City Lot
High Traffic Area
Schools
Building
Basement Type
Full
Building Type
Store with Apt/Office
Building and Land
Construction Materials
Block
Security Features
Security System
Sewer
Sewer (Municipal)
Stories
2
Water Source
Municipal
Building Amenities
High Speed Internet
Land
Lot Depth
115.4 ft
Lot Front
44.17 ft
Lot Size Area
0.12
Acres
< 0.5 Acres
Zoning
C1
Walk Score
RE/MAX All-Stars Realty Inc. Brokerage

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Listing ID: 154252845
Last Updated: 2024-11-01 16:51:38