$189.69 Per Sq Foot $10,173 est/mo Sourced by Back At You

42-44 Colborne Street,Fenelon Falls, ON K0M 1N0

Fenelon Falls ON, K0M 1N0

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Description

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.

Details

MLS#40481519
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site253
Listing Provided ByRE/MAX All-Stars Realty Inc. | Heather Ahrens

Features

SQ Feet9,990
BasementY
Story(s)2
ZoningC1
Acreage0.12
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Learn More About This Property

ProvinceON
RegionKawartha Lakes
CityFenelon Falls
Postal CodeK0M 1N0
AreaKawartha Lakes
SubareaFenelon Falls (Town)
Community NameFenelon Falls (Town)
Listing VS Median (in Fenelon Falls (Town))
Price:
$1,895,000
low | high
Med:
$751,950
100% of Average
SqFt:
9,990
low | high
Med:
1,408
100% of Average
$ / SqFt:
$190
low | high
Med:
$583
100% of Average
On Site:
253
low | high
Med:
53.500000
100% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 7:44:17 AM PDT