432 George St
Peterborough, K9H3R5
For Sale
$1,399,000
➧
➧
Store With Apt/Office
CATEGORY5,389 Sq Ft
TOTAL AREAX9379793
MLSIDContact Us
Property Description
This stunning and classic 3-storey century building is ideally located on Peterborough's main thoroughfare, right in the heart of downtown. Boasting beautiful large display bay windows offering plenty of natural light. The main floor retail space has been thoroughly renovated and currently is occupied by a Pharmacy (on a 10-year lease). Additionally, there are three renovated, residential apartments. Unit 1 features two levels, two bedrooms, one bathroom and a private patio. Unit 2 features one bedroom and one bathroom. Unit 3 features one bedroom, one bathroom and a beautiful deck. The dry basement is used for storage space by the Pharmacy. With its Heritage Designation, this property enjoys significant reductions in property taxes.There is additional income from the rented Billboard sign on the North-side of the building. Parking for 2 in the back parking lot is included. Don't miss this excellent opportunity to invest in a classic building in downtown Peterborough's landscape!!
Call
Extras
The 2024 Taxes are $9,342.67 Less A Heritage Tax Credit of $2,851.61. BIA Tax is $358.42
Property Details
Category
Store With Apt/Office
Zoning
C-6
Total Area
5,389 Sq Ft
Office/Apartment Area
3,519 Sq Ft
Retail Area
1,870 Sq Ft
Lot Size
23' x 116'
Taxes
$6,849 (2024)
Parking Spaces
2
Air Conditioning
Yes
Call
Listing contracted with Royal Lepage Proalliance Realty
Similar Listings
This property is situated in Downtown Peterborough and offers an excellent investment opportunity. The main floor comprises an 1860 sq ft restaurant with a full basement. The second floor consists of a renovated two-bedroom apartment, while the third floor features a two-bedroom apartment with an outdoor deck totalling 1860 sq ft.
Call
Well established convenience store in the centre of a large residential neighbourhood. Located on major North-South Thoroughfare. Well maintained 2 Bedroom apartment on 2nd floor. One of the best convenience store intown and 2bedroom apartment upstairs can be rented for extra income. Very busy with lotto and other income, on site parking and lots of street parking. One of the busiest streets going to university and countryside. 2,000 sqft store is generating approximately $12,500 weekly sales, Lotto commission $35,000/year. Total money maker property in very good shape
Call
Call