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Investment Highlights

  • Residential and commercial units.
  • Well maintained
  • New windows

Executive Summary

Discover a prime investment opportunity with this nearly 10,000 sqft well-maintained commercial building, boasting 3 commercial and 5 residential units, each with numerous upgrades. The property has seen significant improvements over the years, including new windows for the commercial units in 2007, a new main roof in 2016, and updated electrical services in the same year. In 2016, the exterior underwent a complete renovation, while the residential units have been continuously upgraded from 2016 to 2022, including paint, flooring, interior doors, and more.
The commercial units feature stable, long-term leases, ensuring a reliable income stream. Municipal parking is conveniently located at the back of the building, enhancing accessibility for both tenants and customers. For those interested in detailed financial information, it is available upon request.
Don't miss out on this exceptional opportunity to invest in a meticulously maintained commercial building with a strong rental history and potential for future growth. Schedule a viewing today to explore the possibilities!

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
9,865 SF
Building Class
C
Year Built
1874
Price
$1,954,098 USD
Price Per SF
$198.08 USD
Cap Rate
6.75%
NOI
$131,902 USD
Percent Leased
100%
Building Height
2 Stories
Building FAR
1.74
Lot Size
0.13 AC
Zoning
Cc - Central Commercial
Very walkable
80/100
Moderately drivable
70/100
Moderately bikeable
60/100

Nearby Major Retailers

Jenny Craig
Fit Body Boot Camp
Td Canada Trust
CIBC
BMO
Scotiabank
Tim Hortons
Royal Bank of Canada
Kelsey's
  • Listing ID: 31713941

  • Date on Market: 5/6/2024

  • Last Updated:

  • Address: 49 William St N, Kawartha Lakes, ON K9V 3Z9

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