Exceptional mixed use investment opportunity in the heart of downtown Peterborough featuring 5 retail units, 4 leased units most with long term tenants and 1 vacant unit, plus 3 partially ...


Property

Website:https://www.nestseekers.com/5664988
Address:
Peterborough K9J 3H2
Canada
Ownership: For Sale
Type: Unknown

Financials

Price:C2,999,999
($2,162,800)
(€1,855,300)
Annual Taxes:C37,265

Description

Exceptional mixed use investment opportunity in the heart of downtown Peterborough featuring 5 retail units, 4 leased units (most with long term tenants) and 1 vacant unit, plus 3 partially completed residential units consisting of 19 rooms. Each residential unit includes its own common area and laundry facilities. The residential component features 8 rooms on the lower level and 11 rooms on the upper level, with every room equipped with independent climate control. Highly visible commercial frontage on George Street with excellent pedestrian and vehicle exposure. The residential portion offers excellent potential for student housing, affordable housing, office use, or coworking. A contractor familiar with the project is available to complete the remaining work, or buyers may use their own contractor. Seller is highly motivated.

Amenities

  • Public Transit

Contact

Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario