209 Second Street

About this home

Opportunity is Knocking! – This is one of Kenora's iconic landmarks set in a prime downtown location just steps from the crossroads of Main St and Second St. The building has seen extensive upgrades over the years and presents a strong investment opportunity with solid commercial tenant already established on the main floor. The property features three commercial spaces on the main floor and three spacious apartments on the upper level (2 two-bedroom units and 1 one-bedroom unit). The right-side main floor commercial unit is currently vacant and ready for a new tenant, providing immediate leasing potential, while the remaining units on both levels are currently leased and/or rented.Highlights include numerous upgrades over the years including improvements to the heating system, roof, new rear access, and renovations to two of the apartments, along with many other updates throughout.A great investment opportunity in the heart of Kenora with strong rental potential and excellent long-term value. Call today to schedule a viewing.

Details

Type

Investment

Lot

65.4 × 50 ft

Basement

Yes, Full

Garage

None

Property tax

$7,478 (2022)

Neighbourhood

Downtown

Municipality

Kenora

Interior

Family room or den

No

Fireplace

No

Heating, cooling and services

Heating

Gas

Air conditioning

Yes

Water and sewer

Sewer

Building and exterior

Exterior

Metal/Steel Siding, Wood

Foundation

Stone

Faces

South

Building area

4,160

More

Cross street

Near corner of Main Street South and Second Street South

Business type

Apts - 2 To 5 Units