42-44 COLBORNE St
Kawartha Lakes, K0M1N0
For Sale
$1,825,000
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Multi-Use
CATEGORY0.12 Acres
TOTAL AREAX9366765
MLSIDContact Us
Property Description
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!
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Property Details
Category
Multi-Use
Usage
Retail Store Related
Zoning
C1
Total Area
0.12 Acres
Retail Area
50.0
Lot Size
44' x 115'
Taxes
$4,803 (2023)
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Listing contracted with Re/Max All-Stars Realty Inc.
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