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$ 1,899,900
Est. payment /mo
Active
70 Colborne ST Brantford, ON N3T 2G5
10,946 SqFt
UPDATED:
10/10/2024 08:18 PM
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 10,946 sqft
Price per Sqft $173
MLS Listing ID X9391805
Annual Tax Amount $13,000
Tax Year 2024
Property Description
Location, Location, Location! Nestled in the heart of downtown Brantford, this fully occupied mixed-use property offers unbeatable convenience and high-demand rental potential. Situated directly across from Canada's largest YMCA, the popular casino, and Wilfrid Laurier University's Brantford campus, this property is the center of a vibrant and thriving student community. Key Highlights: 5 Residential Rental Units Fully leased, catering to a growing student population of around 2,700 undergraduates and graduates. 4 Ground-Floor Commercial Units Prime storefront space in a bustling downtown core, offering strong visibility and foot traffic. Total Above-Grade Gross Square Footage: 10,946 sq. ft. Below-Grade Space Offers an additional 3,000 sq. ft. of rental potential, ideal for storage or retail expansion. Untapped Attic Space Potential for further development into another residential unit or expanding the 5th unit for premium living space with breathtaking views of the casino and Grand River. With Laurier Brantford transforming the downtown core, this property enjoys year-round demand from students, professionals, and businesses. Plus, the opportunity to further develop the attic and below-grade spaces means additional revenue potential for savvy investors.
Location
Province ON
County Brantford
Area Brantford
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Depth 132.0
Others
Security Features Partial
Listed by ROYAL LEPAGE STATE REALTY