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

5389 sqft
Fully Air Conditioned Other

$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:48219)

Property Details

MLS® Number X9379793
Property Type Retail
Community Name Downtown
Parking Space Total 2

Building

Appliances Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Other
Size Interior 5389 Sqft
Type Residential Commercial Mix
Utility Water Municipal Water

Land

Acreage No
Size Depth 115 Ft ,6 In
Size Frontage 23 Ft
Size Irregular 23.08 X 115.58 Ft
Size Total Text 23.08 X 115.58 Ft
Zoning Description C-6

https://www.realtor.ca/real-estate/27497298/432-george-street-peterborough-downtown-downtown

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