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49 William St N

5,653 SF 70% Leased Retail Building Kawartha Lakes, ON K9V 3Z9 $2,950,000 CAD ($522 CAD/SF) 5.50% Cap Rate

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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

Year Built

1874

Price

$2,950,000 CAD

Price Per SF

$522 CAD

Cap Rate

5.50%

NOI

$162,250 CAD

Percent Leased

70%

Building Height

2 Stories

Building FAR

1.00

Lot Size

0.13 AC

Zoning

Cc - Central Commercial

Space Availability

1st Floor
1,684 SF
Office/Retail
-
Now

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49 William St N, Kawartha Lakes, ON for sale Building Photo- Image 1 of 11 — Building Photo

49 William St N, Kawartha Lakes, ON for sale Interior Photo- Image 2 of 11 — Interior Photo

49 William St N, Kawartha Lakes, ON for sale Interior Photo- Image 3 of 11 — Interior Photo

49 William St N, Kawartha Lakes, ON for sale Interior Photo- Image 4 of 11 — Interior Photo

49 William St N, Kawartha Lakes, ON for sale Interior Photo- Image 5 of 11 — Interior Photo

49 William St N, Kawartha Lakes, ON for sale Interior Photo- Image 6 of 11 — Interior Photo

49 William St N, Kawartha Lakes, ON for sale Interior Photo- Image 7 of 11 — Interior Photo

49 William St N, Kawartha Lakes, ON for sale Interior Photo- Image 8 of 11 — Interior Photo

49 William St N, Kawartha Lakes, ON for sale Interior Photo- Image 9 of 11 — Interior Photo

49 William St N, Kawartha Lakes, ON for sale Interior Photo- Image 10 of 11 — Interior Photo

49 William St N, Kawartha Lakes, ON for sale Floor Plan- Image 11 of 11 — Floor Plan

Incredible Exposure On This 1684 Sq Ft Corner Commercial Unit. Ample Municipal Parking Out Front, Side & At Rear. Main Entrance Off William Street & Side Entrance Off Peel Street. Completely Renovated, Two Washrooms, Tall Ceilings & Laminate Flooring Throughout. Tenant Pays Own Heat (Forced-Air Gas + AC) & Hydro. Water Included. TMI $3.70 per SQ FT.

Space	Size	Space Use	Position	Available
1st Floor	1,684 SF	Office/Retail	-	Now

Size

1,684 SF

Space Use

Office/Retail

Position

Available

Now

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Walk Score ®

Walker's Paradise (95)

Bike Score ®

Very Bikeable (76)

What is a Walk Score®, Transit Score® & Bike Score®?

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Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

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, 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.®

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Listing ID: 31713941
Date on Market: 2024-05-06
Last Updated:
Address: 49 William St N, Kawartha Lakes, ON K9V 3Z9

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