42-44 Colborne Street Fenelon Falls, Ontario K0M 1N0
$2,295,000
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. (id:46324)
Property Details
| MLS® Number | 40481519 |
| Property Type | Other |
| Amenities Near By | Schools |
| Communication Type | High Speed Internet |
| Community Features | High Traffic Area |
| Parking Space Total | 6 |
Building
| Basement Type | Full |
| Construction Material | Concrete Block, Concrete Walls |
| Exterior Finish | Concrete |
| Fire Protection | Security System |
| Stories Total | 2 |
| Size Exterior | 9990.0000 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 115 Ft |
| Size Frontage | 44 Ft |
| Size Irregular | 0.12 |
| Size Total | 0.12 Ac|under 1/2 Acre |
| Size Total Text | 0.12 Ac|under 1/2 Acre |
| Zoning Description | C1 |
Utilities
| Electricity | Available |
https://www.realtor.ca/real-estate/26056195/42-44-colborne-street-fenelon-falls
Interested?
Contact us for more information
Heather Ahrens
Salesperson
(705) 887-0177
www.heatherahrens.ca/
www.linkedin.com/in/heatherahrens
https://twitter.com/AhrensHeather
51 Colborne St.
Fenelon Falls, Ontario K0M 1N0
(705) 887-7878
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October 02 2023 11:43:21
Kawartha Lakes Real Estate Association
RE/MAX All-Stars Realty Inc., Brokerage - 146