Name: REAR - 970 HIGHWAY 7 HIGHWAY, Otonabee-South Monaghan | MLS® X12391736
SKU: x12391736
Price: 400000.0 CAD
Availability: InStock

$400,000 Sale

Listed 7 hours ago

REAR - 970 HIGHWAY 7 HIGHWAY

MLS® x12391736 Business

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Beds · 0

Baths · 0.0

Parking · 0

Sqft · -

Est. mortgage

$1,517/mo

Key Facts

Key facts for REAR - 970 HIGHWAY 7 HIGHWAY

Property Type

Commercial

Parking

Garage: No, 0 parking

MLS #

X12391736

Size

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

Description

Excellent Opportunity To Acquire A Well-Established Profitable Business On Busy Highway 7 (Trans-Canada Highway) Just East Of The City Of Peterborough. Family Owned For 40 Years. Selling At 8.7% CAP Rate Despite Being Underutilized And Remotely Managed In Recent Years. Huge Upside Potential, Below M...arket Rents With Room To Expand To Increase Revenue. 118 Units In Buildings, 39 Seacans With Potential To Add More Onto Parking Areas, 37 Parking Spaces, 6 Offices. (id:10452)

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Full Property Details

Interior

Washrooms

0.0

Heating Source

Natural gas

Heating Type

Forced air

Full Bathrooms

Half Bathrooms

Washrooms

0.0

Heating Source

Natural gas

Heating Type

Forced air

Full Bathrooms

Half Bathrooms

Exterior

Acreage

0.62 ac

Parking Spaces

Garage Spaces Y/N

Zoning Description

Acreage

0.62 ac

Parking Spaces

Garage Spaces Y/N

Zoning Description

Building Description

Home Type

Commercial

Subtype

Business

Sewers

Septic System

Home Type

Commercial

Subtype

Business

Sewers

Septic System

Community

Otonabee-South Monaghan

Area Code

Otonabee-South Monaghan

Community

Otonabee-South Monaghan

Area Code

Otonabee-South Monaghan

Jake Nicolle

Email: [email protected] Cell: (289) 216-6852