432 George Street Peterborough, Ontario K9H 3R5
$1,399,000
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:50886)
Property Details
| MLS® Number | X9379793 |
| Property Type | Retail |
| Community Name | Downtown |
| ParkingSpaceTotal | 2 |
Building
| Appliances | Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Other |
| SizeInterior | 5389 Sqft |
| Type | Residential Commercial Mix |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 115 Ft ,6 In |
| SizeFrontage | 23 Ft |
| SizeIrregular | 23.08 X 115.58 Ft |
| SizeTotalText | 23.08 X 115.58 Ft |
| ZoningDescription | C-6 |
https://www.realtor.ca/real-estate/27497298/432-george-street-peterborough-downtown-downtown
Interested?
Contact us for more information
Ken Barrick
Broker
885 Clonsilla Ave Unit 1
Peterborough, Ontario K9J 5Y2
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October 16 2024 02:40:49
Durham Region Association of REALTORS®
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