106 Colborne Street N Active Save Request In-Person Tour Request Virtual Tour
Walkerton,ON N0G 2V0
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
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
Rooms
Kitchen 0
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
Building
Lot Description Ample Parking,City Lot,High Traffic Area
Story 1
Foundation Slab
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick
New Construction No