Steady Income Investment

10,000 sq ft mixed-use property with 4 commercial and 4 residential units, long-term leases secured and anchor tenant locked in for 8 years.

AI-generated summary

$1,950,000

For Sale: Mixed Use in Kawartha Lakes, ON

Listing Details

Description

Unique Opportunity to Invest. Desired Tourist Destination along Trent Severn Lock 34, Popular Fenelon Falls. 10,000 sq ft Mixed Use 4 Commercial, 4 Residential Units. Long term leases in place. Anchor Commercial tenant 8 year Lease. Current Owner a Commercial tenant. All wanting to Stay. CAP Rate 6.5%. Over 139k NOI, Extensive apparment Upgrades Completed. 8 new water heaters. 2 New Commercial Air Con. 2 New High Efficiency Furnaces. 15 new Windows 2nd Floor. All new windows in 4 appartments. New flooring in all 4 aptmts. 4 new washrooms in aptments. New upgraded hydro Panel.

Available Units and Spaces

Location & nearby

This listing is located in Kawartha Lakes, ON K0M 1N0

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