42-44 COLBORNE Street

About This Property

Situated in a vibrant downtown core within a highly sought-after and thriving community, this versatile mixed-use property is zoned C1, offering exceptional flexibility for a wide range of uses. The building features four commercial units on the main floor, ideal for retail or professional office space, with residential units(s) located above. With under 10,000 sq. ft. of gross building area, this property aligns well with many downtown investment stratigies. The building is currently fully occupied, providing immediate income potential. Recent upgrades include fresh interior painting, renovated apartments, updated breaker panesl in the basement, an updated electric furnace, and central air servicing the commercial spaces. Street and /or onsite parking adds further conveniece. A rare opportunity to invest in a dynamic, tourism-driven area rich in commerce, arts and amenities. Motivated Seller.