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! |
Price | $1,950,000 |
Taxes: | $4803.00 |
Tax Type: | Annual |
Assessment: | $274000 |
Assessment Year: | 2023 |
Occupancy by: | Own+Ten |
Address: | 42-44 COLBORNE St , Kawartha Lakes, K0M 1N0, Ontario |
Postal Code: | K0M 1N0 |
Province/State: | Ontario |
Legal Description: | SEE REMARKS |
Lot Size: | 44.17 x 115.40 (Feet) |
Directions/Cross Streets: | Colborne St down town |
Category: | Multi-Use |
Use: | Retail Store Related |
Building Percentage: | Y |
Total Area: | 0.12 |
Total Area Code: | Acres |
Retail Area: | 50 |
Retail Area Code: | % |
Area Influences: | Rec Centre |
Sprinklers: | N |
# Trailer Parking Spots: | 6 |
Rail: | N |
Heat Type: | Elec Forced Air |
Central Air Conditioning: | N |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX ALL-STARS REALTY INC. |
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Book Showing | Email a Friend |
Type: | Com - Commercial/Retail |
Area: | Kawartha Lakes |
Municipality: | Kawartha Lakes |
Neighbourhood: | Fenelon Falls |
Lot Size: | 44.17 x 115.40(Feet) |
Tax: | $4,803 |