106 COLBORNE Street N Walkerton

106 COLBORNE Street N, Walkerton, Ontario

$1,599,000

  • 22,334 Square Feet

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:56241)

  • Listing ID: 40528372
  • Property Type: Office

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Details

  • Communication: Fiber
  • Community Features: High Traffic Area
  • Ownership: Freehold
  • Transaction: For sale
  • Zoning Description: M1-Retail-EP

Building

  • BasementType: None
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Fire Protection: Security system
  • Size Exterior: 22334.0000
  • Size Interior: 22334 sqft
  • Stories Total: 1
  • Utility Water: Municipal water

Land

  • Sewer: Municipal sewage system
  • Size Frontage: 330 ft
MLS®

Listing provided by COLDWELL BANKER PETER BENNINGER REALTY BROKERAGE (Walkerton)
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property, located at 106 COLBORNE Street N in Walkerton Ontario, was last modified on January 12th, 2024. Contact Karl Hannan to schedule a viewing or to find other properties for sale in Walkerton.

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