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49 William St N

5,653 SF 100% Leased Retail Building Kawartha Lakes, ON K9V 3Z9 $1,937,896 USD ($343 USD/SF) 5.80% Cap Rate

Retail Space Ontario Kawartha Lakes 49 William St N, Kawartha Lakes, ON K9V 3Z9

INVESTMENT HIGHLIGHTS

  • Residential and commercial units.
  • Well maintained
  • New windows

EXECUTIVE SUMMARY

Discover a prime investment opportunity with this nearly 10,000 sqft well-maintained commercial building, boasting 3 commercial and 5 residential units, each with numerous upgrades. The property has seen significant improvements over the years, including new windows for the commercial units in 2007, a new main roof in 2016, and updated electrical services in the same year. In 2016, the exterior underwent a complete renovation, while the residential units have been continuously upgraded from 2016 to 2022, including paint, flooring, interior doors, and more.
The commercial units feature stable, long-term leases, ensuring a reliable income stream. Municipal parking is conveniently located at the back of the building, enhancing accessibility for both tenants and customers. For those interested in detailed financial information, it is available upon request.
Don't miss out on this exceptional opportunity to invest in a meticulously maintained commercial building with a strong rental history and potential for future growth. Schedule a viewing today to explore the possibilities!

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,653 SF
Building Class
C
Year Built
1874
Price
$1,937,896 USD
Price Per SF
$343 USD
Cap Rate
5.80%
NOI
$112,334 USD
Percent Leased
100%
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.13 AC
Zoning
Cc - Central Commercial
1 of 1
Walk Score®
Walker's Paradise (95)
Bike Score®
Very Bikeable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

NEARBY MAJOR RETAILERS

Td Canada Trust
Wimpy's Diner
CIBC
Fit Body Boot Camp
Jenny Craig
Scotiabank
Tim Hortons
RBC Royal Bank
Kelsey's
(905) 372-9323

CONTACT

  • Listing ID: 31713941

  • Date on Market: 5/6/2024

  • Last Updated:

  • Address: 49 William St N, Kawartha Lakes, ON K9V 3Z9

The Retail Property at 49 William St N, Kawartha Lakes, ON K9V 3Z9 is currently available for sale. Contact Coldwell Banker R.M.R. Real Estate for more information.

NEARBY LISTINGS

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49 William St N
(905) 372-9323 x

49 William St N

Paul Lang

(905) 372-9323

(905) 372-9323

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