42-44 Colborne Street

Fenelon Falls, ON

MLS® 40481519

For sale
$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!! Building has not been on the market for over 25years and has remained in family.
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
HoodQ
Walk Score
RE/MAX All-Stars Realty Inc. Brokerage

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Listing ID: 143368244
Last Updated: 2024-02-22 19:01:39