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Last Updated : 21 Days ago
1117 Colborne St E, Brantford, Ontario,
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1117 Colborne St E, Brantford MLS Number: X8319792

Brantford, ON, N3S 3T5

$1,695,000

Status: For Sale

  • Property Type: Commercial (Commercial)
  • Property Taxes : $10300.00 (Tax Year:2023)
  • Listing Courtesy : Royal Lepage State Realty

1117 Colborne St E Property Description

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.

1117 Colborne St E Property Facts

Property Type :Commercial
MLS Number :X8319792
Listing Type :Sale
Possession Date :
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Last Updated :08 May, 2024 (21 Days ago)
Property Age :31-50 years
Area :Brantford
Postal Code : N3S 3T5
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Source :TRREB

1117 Colborne St E Property Price & Tax Insights

Price :$1,695,000
Property Taxes :$10300.00
Tax Year :2023

Property Details for 1117 Colborne St E, Brantford, Ontario

Cross Street :Blossom Ave
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1117 Colborne St E, Brantford - Price History

2024-05

08 May, 2024

TREB #X8319792

Available

$1695000.0

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