Royal LePage Don Hamilton Real Estate Brokerage
106 Colborne Street N Walkerton, Ontario N0G 2V0
$1,599,000
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. (id:51300)
Property Details
| MLS® Number | 40637929 |
| Property Type | Office |
| CommunicationType | Fiber |
| CommunityFeatures | High Traffic Area |
Building
| BasementType | None |
| ExteriorFinish | Brick |
| FireProtection | Security System |
| StoriesTotal | 1 |
| SizeExterior | 22334.0000 |
| SizeInterior | 22334 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeFrontage | 330 Ft |
| SizeTotalText | 1/2 - 1.99 Acres |
| ZoningDescription | M1-retail-ep |
Utilities
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/27332655/106-colborne-street-n-walkerton
Marlene Voisin
Broker
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October 21 2024 07:06:21
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