106 Colborne Street North, Brockton | Image 1

106 Colborne Street North

Brockton

  • Commercial

$1,599,000
For Sale

Added 3 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Zoning: M1-Retail-EP

  • Age: No Data

  • Taxes: 19517.94

  • MLS®#: X10846981

  • Days on Site: 101 Days

  • Added: Aug 26, 2024 (3 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: COLDWELL BANKER PETER BENNINGER REALTY BROKERAGE (Walkerton)

Attention Investors!! Fully rented commercial building that is in a great state of repair. Over 22,000 square feet of space and 6 existing Tenants. Property zoned M1 - retail, allowing for warehousing, retail space and many more options. Present Tenants vary from retail warehousing, appliance repair and office workers. The large portion of the flat roof had new tar and gravel applied in Dec 2023, the other flat section approx 8-10 years old is a membrane flat roof, main roof shingles were replaced in 2018. Buildings sit on over 1 acre property allowing plenty of parking spaced for the Tenants. The return on investment is 8% now and growing every year. Property is for sale due to the owner's health.

Property

  • Status: Sale

  • Property Type: Sale Of Business

  • Property Type: With Property

  • Area: Brockton

  • Availability Date: Immediate

  • Assessment Amount: $708,000

  • Assessment Year: 2024

Building

  • Basement: N

  • Outside Storage: Y

  • Water Supply: Municipal

Fees

  • Tax Year: 2024

  • Tax Legal Description: LT 40 N/S CATHERINE ST, 41 N/S CATHERINE ST, 42 N/S CATHERINE ST

  • Taxes: $19,518

  • Insurance Fee: 9717

Land

  • Cross Street: From Walkerton's mai

  • Municipality District: Brockton

  • Parcel Number: 331960132

  • Sewer: Sewers

  • Lot Frontage: 330.32

  • Lot Irregularities: triangle shaped lot

  • Zoning: M1-Retail-EP

Commercial Specific

  • Total Area: 22334

  • Total Area Metric: Sq Ft

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