694-700 Armour Rd
Peterborough, K9H1Z7
For Sale
$1,100,000
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Store With Apt/Office
CATEGORY2,000 Sq Ft
TOTAL AREAX8164108
MLSIDContact Us
Property Description
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
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Extras
Inventory extra on closing
Property Details
Category
Store With Apt/Office
Zoning
R1, R2
Total Area
2,000 Sq Ft
Office/Apartment Area
600 Sq Ft
Retail Area
2,000 Sq Ft
Lot Size
100' x 114'
Taxes
$7,662 (2024)
Air Conditioning
Yes
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Listing contracted with Right At Home Realty
Similar Listings
Two buildings for the price! Here is a unique investment opportunity. Variety store with 4 residential units. High volume established neighbourhood convenience Store, with apartment above. Plus a separate 2-storey Triplex. Separate hydro meters. Excellent tenants in place. Private parking at rear of building. Wonderful opportunity to run your own family business! City transit routes are steps away. Gas heat and Central Air. Lottery and ATM. Well maintained buildings with consistent upgrades. New AC, shingles 2016. Jerry's Quik Chek - Seller willing to assist Buyer in change of ownership/training. The only store in the area! Explore the opportunity with confidence.
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