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$2,090,000
Est. payment /mo
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Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision 3 North
MLS Listing ID X12238955
Building Age 51-99
Annual Tax Amount $19,242
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
** Vendor/Seller take-back (VTB) mortgage available for qualified buyers.** Downtown Peterborough - Versatile Investment Opportunity. Prime industrial-zoned property (M3.2 - Enhanced Service Industrial) offering exceptional versatility in the heart of Peterborough's commercial core area! This unique site features two separate buildings designed for a mix of commercial, industrial, and residential uses, making it an excellent investment opportunity or an ideal owner-occupied business space. Over 4100 square feet on the main level of the primary building, and 10,000 square feet total between two buildings. Two 3-bedroom apartments with newer high end finishes, plus office or retail space round out this incredible mixed use package. Building 1 Expansive garage space, perfect for a tradesman's shop, vehicle repair, or contractors establishment. Building 2 Mixed-use space featuring a main-floor office plus two residential apartments, offering potential for rental income or live-work flexibility. Zoning (M3.2 - Enhanced Service Industrial) Allows for a variety of permitted uses. Strategic Location Centrally located in Peterborough, offering excellent accessibility for business operations. This turnkey property is an ideal option for investors seeking multi-use potential or business owners looking to establish a footprint in a high-demand commercial hub. Don't miss this rare opportunity! Check out the media and virtual tour for more images!
Location
Province ON
County Peterborough
Community 3 North
Area Peterborough
Rooms
Kitchen 0
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 114.0
Lot Depth 194.0
Building
New Construction false
Others
Security Features Yes
Virtual Tour https://pages.finehomesphoto.com/255-McDonnel-St/idx
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Listed by ROYAL LEPAGE PROALLIANCE REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "