42-44 Colborne Street, Kawartha Lakes | Image 1

42-44 Colborne Street

Kawartha Lakes, Fenelon Falls

  • Commercial

$1,895,000
For Sale

Added 7 months ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Retail Store Related

  • Zoning: C1

  • Age: No Data

  • Taxes: 4803

  • MLS®#: X6819510

  • Days on Site: 204 Days

  • Added: Sep 14, 2023 (7 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: RE/MAX ALL-STARS REALTY INC.

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!!

Extras

Building has not been on the market for over 25years and has remained in family.

Property

  • Status: Sale

  • Type: Retail Store Related

  • Property Type: Commercial/Retail

  • Property Type: Multi-Use

  • Area: Kawartha Lakes

  • Community: Fenelon Falls

  • Availability Date: TBD

  • Assessment Amount: $274,000

  • Assessment Year: 2023

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Elec Forced Air

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Trailer Parking Spots: 6

Fees

  • Tax Year: 2023

  • Tax Legal Description: SEE REMARKS

  • Taxes: $4,803

  • Taxes Type: Annual

Land

  • Cross Street: Colborne St Down Tow

  • Municipality District: Kawartha Lakes

  • Parcel Number: 631520081

  • Lot Depth: 115.4 Feet

  • Lot Frontage: 44.17 Feet

  • Zoning: C1

Commercial Specific

  • Rail: N

  • Retail Area: 50

  • Retail Area Metric: %

  • Sprinklers: N

  • Total Area: 0.12

  • Total Area Metric: Acres

  • Area Influence: Rec Centre

  • Lot Code: Lot

  • Survey: Y

Map of 42-44 Colborne Street, Kawartha Lakes
JK-8

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