$1,695,000
FOR SALE

Commercial/Retail

Lot: 212 x 165 ftTotal Area: 5,600 ft2
2023 Taxes: $10,300

1117 Colborne St E
Brantford, ON N3S 3T5

Grow your investment portfolio along Brantford's commercial corridor. Three fully leased units with excellent Tenants. Spanning over 5500 SQFT, each unit is leased until the end of 2025 with option for renewals. Within close proximity to highway access and many other light industrial and retail services, Colborne Street East sees a high amount of vehicular traffic. Large frontage spanning over 200 FT with an irregular shaped lot gives room for lots of parking out front and at the rear of Unit#1 & 2. Each unit has a separate back door entrance. Newer rooftop furnace/AC (2023) installed. Updated roof. Tenant's share in costs for utilities. Large Pylon sign out front. Plans for an additional approx 4000 SQFT have begun with footings and concrete base completed. Potential to increase the size of the current footprint growing your net income at this property significantly thus increasing the value and potential for the future. Seller is willing to discuss completing a revised addition with Buyer for an additional cost or Buyer can take the property as is, complete the work and watch their property grow in value over the next couple of years. Do not go direct and speak with Tenants.
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Listed By ROYAL LEPAGE STATE REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8319792
Last Updated May 08, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Use Retail Store Related
Category Retail
PIN 322840028
Legal Description PT LT 27 RANGE 1 S/S ANCASTER RD BRANTFORD AS IN A273529, EXCEPT PT 9, 2R3167; COUNTY OF BRANT
Occupancy Tenant
Possession Date FLEXIBLE
Taxes (2023) $10,300
Tax Type Annual
Assessment (2023) $397,000
Directions/Cross Streets Blossom Ave
Area Brantford
Price History

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Detailed Information
Freestanding Y
Lot 212 x 165 ft
Retail Area 5,600 ft2
Total Area 5,600 ft2
Approximate Age 31-50
Elevator None
Air Conditioning Y
Basement N
Garage Type None
Heat Type Gas Forced Air Closd
Sprinklers N
Sewers San+Storm
Utilities N
Water Municipal
Rail N
Lot/Bldg/Unit Code Lot
Zoning C2
Seller Property Info Statement N

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