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106 Colborne Street N Walkerton, Ontario N0G 2V0

22334 sqft

$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:44738)

Property Details

MLS® Number 40637929
Property Type Office
Communication Type Fiber
Community Features High Traffic Area

Building

Basement Type None
Exterior Finish Brick
Fire Protection Security System
Stories Total 1
Size Exterior 22334.0000
Size Interior 22334 Sqft
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Frontage 330 Ft
Size Total Text 1/2 - 1.99 Acres
Zoning Description M1-retail-ep

Utilities

Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/27332655/106-colborne-street-n-walkerton

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Coldwell Banker Peter Benninger Realty Brokerage (Walkerton)
120 Jackson St S
Walkerton, Ontario N0G 2V0

(519) 881-2551
(519) 881-1894

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