Mixed use investment property in Colborne Ontario. This 3 retail/5 apartment unit has had many recent upgrades, is fully tenanted and is located in the centre of the downtown area. Showing a solid CAP rate at the list price, this property is a solid investment opportunity for the shrewd buyer.
Address
21 King Street E
List Price
$1,590,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
Sale
Area
Cramahe
Sub-Area
Colborne
Region
Northumberland
Lot Size Source
Survey
Lot Depth
209
Lot Shape
Irregular
Lot Type
Lot
Lot Irregularities
irregular
Lot Size Units
Feet
Lot Width
51.86
Parcel Number
511410339
Total Building Area
10000
Occupant Type
Tenant
Cross Street
25 & King
MLS® Number
X13515224
Listing Brokerage
Royal Lepage Proalliance Realty
Basement
Yes
Postal Code
K0K 1S0
Posession Details
Flexible
Tax Amount
$9,118.00
Tax Year
2025
Standard Status
Active
Board Or Association
Central Lakes Association of REALTORS
Heat Type
Baseboard
Cooling Features
Partial
Garage Type
None
Tax Legal Description
PT LT 157-158 PL REID CRAMAHE PT 2 TO 10, 38R2272; S/T CL107418; CRAMAHE
Security Features
No
Sewer
Sanitary+Storm Available
Login To View 8 Additional Details On 21 King Street E
Get instant access to more information with a free account.
Already have an account? Login