Here is an excellent chance to invest in one of downtown Peterborough's sought-after locations. Situated on George Street North, between Simcoe and Hunter Streets, this property is at the heart of a vibrant area experiencing significant redevelopment. The neighbourhood now boasts trendy loft-style apartments and revitalized commercial businesses. This well-maintained building offers excellent curb appeal and comprises a main floor commercial unit, currently occupied by a long-term convenience store, ensuring steady income. The upper level features two pristine one-bedroom apartments, each with a 4-piece bathroom, kitchen, and generously sized living room. Zoned C6, this property offers a versatile array of potential uses, catering to a wide range of business and residential possibilities. Tenants are responsible for all utilities. This building offers an attractive low-maintenance investment with strong, stable returns. (id:47421)
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Detailed Information
Lot
13.25 x 91.5 ft
Listing Contract Date
2024-09-13
Location Description
George & Sincoe Streets
Property Type
Retail
Transaction Type
For sale
Zoning Description
C6
Building
Appliances
Refrigerator, Two stoves
Cooling Type
Fully air conditioned
Heating Fuel
Natural gas
Heating Type
Other
Size (Exterior)
1970 square feet
Type
Residential Commercial Mix
Utility Water
Municipal water
Land
Total Size
Bldg=13.26 x 91.56 FT ; Less Than .50 Acres
Size of Irregular Land
Bldg=13.26 x 91.56 FT ; Less Than .50 Acres
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