106 Colborne Street N Active

Walkerton,ON N0G 2V0

$ 1599000

0 Bed

- Bath

22334 SqFt


Key Details

Property Type Commercial

Sub Type Mixed,Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 22,334 sqft

Price per Sqft $71

MLS Listing ID 40637929

Abv Grd Liv Area 22,334

Originating Board Grey Bruce Owen Sound

Annual Tax Amount $19,517

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

Province ON

County Bruce

Area Brockton

Zoning M1-Retail-EP

Direction From Walkerton's main street, turn North onto Colborne Street. Follow to destination ahead on your right, North East corner of Colborne and Catherine street

Rooms

Basement None

Kitchen 0

Interior

Fireplace No

Exterior

Exterior Feature Dock Height Loading,Grade Loading,Storage

Garage Public,Truck Yard

Utilities Available Electricity Connected,Fibre Optics,Natural Gas Connected,Street Lights,Phone Connected

Waterfront No

Lot Frontage 330.32

Parking Type Public,Truck Yard

Garage No

Building

Lot Description Ample Parking,City Lot,High Traffic Area

Faces From Walkerton's main street, turn North onto Colborne Street. Follow to destination ahead on your right, North East corner of Colborne and Catherine street

Story 1

Foundation Slab

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 1

Structure Type Brick

New Construction No

Others

Senior Community false

Tax ID 331960132

Ownership Freehold/None

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