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
Address
432 George Street
List Price
$1,250,000
Property Type
Commercial
Type of Dwelling
Store W Apt/Office
Area
Peterborough
Sub-Area
Downtown
County
Peterborough
Lot Depth
115.58
Lot Type
Lot
Lot Size Units
Feet
Lot Width
23.08
MLS® Number
X12023570
Listing Brokerage
ROYAL LEPAGE PROALLIANCE REALTY
Postal Code
K9H 3R5
Tax Amount
$9,342.67
Tax Year
2024
Heat Type
Gas Forced Air Open
Cooling Features
Partial
Garage Type
None
Security Features
No
Sewer
Sanitary