$1,399,000 FOR SALE

Commercial/Retail

Lot: 23 x 115.5 ft

432 George Street
Peterborough (Downtown), ON K9H 3R5

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!! **** EXTRAS **** The 2024 Taxes are $9,342.67 Less A Heritage Tax Credit of $2,851.61. BIA Tax is $358.42 (id:47423)

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Listed By ROYAL LEPAGE PROALLIANCE REALTY
Data Provided By Central Lakes Association of REALTORS®
MLS® Listing Number X9379793
Last Updated Oct 03, 2024
Property Summary
Property Type Commercial/Retail

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Community Downtown
Price History
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Detailed Information
Lot 23 x 115.5 ft
Listing Contract Date 2024-10-03
Location Description George St & Brock St
# of Parking Spaces 2
Property Type Retail
Transaction Type For sale
Zoning Description C-6
Building
Appliances Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
Cooling Type Fully air conditioned
Heating Fuel Natural gas
Heating Type Other
Type Residential Commercial Mix
Utility Water Municipal water
Land
Total Size 23.08 x 115.58 FT
Size of Irregular Land 23.08 x 115.58 FT

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