About This Property

This 4-bathroom retail in Peterborough offers 5,182 sqft of living space on a 0.078 acres lot. The property has lot dimensions of 0.078. The home features forced air, natural gas heating, fully air conditioned.

MLS Remarks

Commercial Building with Residential Component - Property Sale C6-zoned mixed-use building offering strong versatility for owner-occupiers, live/work buyers or investors. The sale is for the real estate only.The existing business shown in photos is owner-operated. The sale of the property allows for a transition to a new commercial use, offering flexibility for an incoming owner, subject to mutually agreeable terms. The main floor features a flexible commercial layout suitable for a wide range of permitted uses including, but not limited to, restaurant, caf, boutique retail, wellness, professional office, studio, or client-based services.The property includes a spacious 4-bedroom residential unit with multiple entrances, two kitchens, and two municipal addresses - previously configured as two units and offering future flexibility. Portions of the residential space are currently tenanted, providing interim income and flexibility. Over $450,000 has been invested into structural and cosmetic improvements throughout the building. The property is separately metered and panelled, supporting a variety of occupancy and income configurations.Vacant possession of the commercial space may be available, subject to timing. The seller is open to flexible closing structures, including consideration of a vendor take-back mortgage. Transitional occupancy or improvement arrangements may also be considered, subject to mutually agreeable terms.Prominently positioned on a high-exposure corner lot with two street frontages, strong signage potential, and walkable access to downtown amenities - offering a rare mixed-use opportunity with multiple future pathways. (id:60351)

Inclusions