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$ 1,525,000
Est. payment | /mo
4 Baths
3,201 SqFt
$ 1,525,000
Est. payment | /mo
4 Baths
3,201 SqFt
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 3,201 sqft
Price per Sqft $476
MLS Listing ID X10405533
Annual Tax Amount $8,447
Tax Year 2023
Property Description
Welcome to your next investment opportunity in the heart of Peterborough's bustling downtown core! This stunning corner-lot, mixed-use building, boasts a prime location with excellent exposure at Charlotte St and Reid St, two key arteries offering quick access to established commercial and residential areas. Immerse yourself in the charm and positive potential of this property, featuring a meticulously updated retail space and storefront, together with a tastefully renovated apartment. The commercial space occupies three addresses along Charlotte St, and while currently operating as one retail unit, the space could be subdivided into three independent units, each with their own use, address, and frontage. Many major interior and exterior renovations, both in the commercial and residential units, reflect a focus, care and attention given to creating a truly beautiful space, one that seamlessly blends modern amenities, historic traits, practical use, and income. Here's where your options flourish: envision yourself as a savvy entrepreneur, operating your own business in the existing commercial space, either while benefitting from the additional residential rental income, or while enjoying the convenience of living onsite. Alternatively, capitalize on the lucrative potential of leasing both the residential unit and commercial space, guaranteeing a solid income stream. Benefiting from C6 commercial zoning, the possibilities are truly endless for this remarkable building. With dozens of permitted uses, seize this opportunity to shape your vision, invest in your future, and establish a thriving presence in this vibrant, growing community. Don't miss out on this rare chance to own a piece of Peterborough's dynamic downtown landscape.
Location
Province ON
County Peterborough
Zoning C6
Interior
Cooling Yes
Inclusions See Schedule B
Exterior
Community Features Public Transit
Utilities Available Yes
Parking Type None
Others
Security Features No
Listed by ROYAL LEPAGE FRANK REAL ESTATE ELECTRIC CITY, BROKERAGE
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "