Exceptional mixed-use investment in the heart of downtown Peterborough featuring 5 retail units, 4 secured with long-term tenants (A Renowned Tattoo Parlor, Well Established Indian Restaurant, Highly Rated Martial Studio, a Pizza Store) and 1 currently under negotiation, plus 19 residential units/rooms providing stable, diversified income. Approx.19,500 sq ft of highly visible commercial frontage on George St with strong pedestrian and vehicle traffic. Approx. $900k spent in recent upgrades, to save buyers any major capital expenses for years. Roof (2021), Heating (2025) fully upgraded to efficient heat pumps for lower operating costs and improved performance. Ideal for retail, service, office, and urban-commercial tenants seeking prime exposure. Property generates approx. (Net Cash) $XXXX/month net with significant upside and ROI potential up to XX%. VTB financing available. A rare opportunity for investors or operators to secure a fully leased, high-demand asset in a growing urban core. (id:4555)
PROPERTY SPECS
Price $3,700,888
City Peterborough, Ontario
Address 304-306 George Street Unit# 304-306
Listing ID X12588848
Square Footage 19430
Type Industrial/Commercial
Status For Sale
EXTENDED FEATURES
SubtypeRetailOwnershipFreeholdHeating / CoolingForced air, Electric