Opportunity Awaits in Norwood! Located in the rapidly growing town of Norwood and just steps from busy Hwy 7, this exceptional mixed-use property is a rare investment opportunity. Only 20 minutes to Peterborough and Hwy 115, this building offers the perfect blend of commercial and residential income streams. The main floor features three established commercial tenants with long-term leases, ensuring stable cash flow. Upstairs, five fully tenanted residential unit search with separate hydro meters offer a variety of layouts to attract diverse renters. A profitable, on-site laundromat with several newer machines is included in the sale, adding an additional revenue stream. Ample parking is available at the rear and side of the building for tenants and customers. Pride of ownership shines throughout with numerous upgrades and meticulous maintenance over the years. This is truly a must-see property an incredible opportunity for investors looking for immediate returns and future growth potential. |
Price | $2,249,000 |
Taxes: | $8855.69 |
Tax Type: | Annual |
Occupancy: | Tenant |
Address: | 2361 County Road 45 N/A , Asphodel-Norwood, K0L 2V0, Peterborough |
Postal Code: | K0L 2V0 |
Province/State: | Peterborough |
Legal Description: | LT 3 W/S VICTORIA ST AND E/S COLBORNE ST |
Directions/Cross Streets: | County Rd 45, just south of Hwy 7. At the 4 way light in Norwood |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Category: | Multi-Use |
Building Percentage: | F |
Total Area: | 0.43 |
Total Area Code: | Acres |
Office/Appartment Area: | 4800 |
Office/Appartment Area Code: | Sq Ft |
Retail Area Code: | Sq Ft |
Area Influences: | Greenbelt/Conse Major Highway |
Approximatly Age: | 51-99 |
Financial Statement: | T |
Chattels: | T |
Franchise: | F |
Days Open: | O |
Expenses Actual/Estimated: | $Est |
Sprinklers: | No |
Washrooms: | 0 |
Heat Type: | Baseboard |
Central Air Conditioning: | Partial |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX HALLMARK EASTERN REALTY |
|
Book Showing | Email a Friend |
Type: | Com - Commercial Retail |
Area: | Peterborough |
Municipality: | Asphodel-Norwood |
Neighbourhood: | Norwood |
Approximate Age: | 51-99 |
Tax: | $8,855.69 |
Fireplace: | N |