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. Combined Area Approx 2 Acres. Selling At 8.7% CAP Rate Despite Being Underutilized And Remotely Managed In Recent Years. Huge Upside Potential, Below Market 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. Financials Available With An NDA. Property Must Be Sold Along With 970 HIGHWAY 7 MLS #40767697
RE/MAX Escarpment Realty Inc.
$400,000
Rear - 970 Highway 7 Highway, Peterborough, Ontario
0 Bedrooms
2000 Sqft
Property
MLS® Number: 40767684
Address: Rear - 970 Highway 7 Highway
City: Peterborough
Lot Size: 235.0ft x 113.0ft
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Property Sale History
Travel and Neighbourhood
25/100Walk Score®
Car-Dependent
Location
