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Home ON Brockton
106 COLBORNE Street N
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106 COLBORNE Street N $1,599,000
$1,599,000
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106 COLBORNE Street N
Walkerton, Ontario N0G2V0

MLS® Number: 40637929

Listing 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. (67970584)

Location Description

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

Property Summary

Property Type
Office
Storeys
1
Subdivision Name
Brockton
Title
Freehold
Land Size
1/2 - 1.99 acres
Annual Property Taxes
$19,517.94
Time on REALTOR.ca
82 days

Building

Interior Features
Basement Type
None
Building Features
Fire Protection
Security system
Utilities
Utility Type
Electricity (Available), Natural Gas (Available), Telephone (Available)
Utility Communications
Fiber
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Community Features
High Traffic Area

Measurements

Square Footage
22334 sqft
Exterior Building Size
22334 sqft

Land

Lot Features
Frontage
330 ft
Other Property Information
Zoning Description
M1-Retail-EP
Data provided by: OnePoint - Grey Bruce Owen Sound 517 10th Street, Lower Level, HANOVER, Ontario N4N 1R4
MARLENE VOISIN