Property Description for 42-44 COLBORNE STREET
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! (id:38686)
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Property Details
Property Tax
: $4,803 (2023)MLS® #
: X9366765
Property Features
Property Type
: Commercial
Interior Features
Heating
: ["Forced air", "Electric"]Flooring
: []
Exterior Features
Roof
: []
Utilities
Sewer
: []
Other
Parking Features
: []Fireplace Features
: []
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