106 COLBORNE ST N Active Save Request In-Person Tour Request Virtual Tour
ON N0G 2V0
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
State 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