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$1,950,000
Available - For Sale
Listing ID: X8472988
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: $4,803
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 115.4 (Feet)
Directions/Cross Streets: Colborne St down town
Zoning: C1
Category: Multi-Use
Use: Retail Store Related
Building Percentage: Y
Total Area: .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
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ALL-STARS REALTY INC.

42-44 COLBORNE St , Kawartha Lakes, K0M 1N0, Ontario


 
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Type: Com - Commercial/Retail
Area: Kawartha Lakes
Municipality: Kawartha Lakes
Neighbourhood: Fenelon Falls
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Lot Size: 44.17 x 115.40(Feet)
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Tax: $4,803
Maintenance Fee: $0
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