NORWOOD COMMERCIAL INVESTMENT OPPORTUNITY!Seize this outstanding investment featuring a prime commercial building on bustling Highway 7, complete with a thriving restaurant tenant and two separate income-producing apartments. Exceptional visibility in a high-traffic location, attracting over 9,000 vehicles daily. Highlights Include: Established and successful restaurant tenant providing immediate income Two additional apartments: ideal for extra rental income or live in one and rent the otherLarge paved parking lot with convenient multiple entrances directly off Highway 7Durable and low-maintenance brick veneer construction with a metal roofDesirable C-1 Zoning suitable for numerous commercial usesImmediate possession available with tenant assumptionCapitalize on this prime location offering maximum highway exposure, consistent rental income, and versatile investment potential. Act now to secure this exceptional Norwood property!
Address
4294 Hwy 7 W
List Price
$749,900
Property Type
Commercial
Type of Dwelling
Store W Apt/Office
Area
Asphodel-Norwood
Sub-Area
Norwood
County
Peterborough
Lot Depth
397
Lot Type
Lot
Lot Size Units
Feet
Lot Width
99.35
MLS® Number
X10431856
Listing Brokerage
KIC REALTY
Postal Code
K0L 2V0
Tax Amount
$3,242.00
Tax Year
2023
Community Features
Major Highway
Heat Type
Baseboard
Cooling Features
Partial
Garage Type
None
Security Features
No
Sewer
Sanitary