ON
ON N0G 2V0,106 COLBORNE ST N
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Jeff Somlo

Jeff Somlo

+1(647) 998-3693
$ 1,599,000
Est. payment /mo
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106 COLBORNE ST N ON N0G 2V0

22,334 SqFt

UPDATED:

12/05/2024 08:25 PM

Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 22,334 sqft

Price per Sqft $71

MLS Listing ID X10846981

Annual Tax Amount $19,517

Tax Year 2024

Lot Size 0.500 Acres

Property Description

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.

Location

Province ON

County Bruce

Area Bruce

Rooms

Basement None

Kitchen 0

Interior

Cooling Unknown

Fireplace No

Exterior

Parking Features Other, Other

Pool None

Utilities Available Unknown

Roof Type Unknown

Building

Foundation Slab

New Construction false

Others

Security Features Carbon Monoxide Detectors,Security System

Listed by COLDWELL BANKER PETER BENNINGER REALTY BROKERAGE (Walkerton)
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106 COLBORNE ST N