1117 Colborne Street E Brantford, Ontario N3S 3T5
$1,695,000
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. (id:50787)
Business
| Business Type | Retail and Wholesale |
| Business Sub Type | Retail misc. |
Property Details
| MLS® Number | X8319792 |
| Property Type | Retail |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 5600 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Irregular | 212 X 165 Ft |
| Size Total Text | 212 X 165 Ft |
https://www.realtor.ca/real-estate/26867251/1117-colborne-street-e-brantford
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May 14 2024 06:00:37
Toronto Real Estate Board
Royal LePage State Realty