Price ChangeFor Sale

255 McDonnel Street
Peterborough, Peterborough, ON, K9H 2W2

Commercial Retail
TRREB
MLS® Number: X12238955
$1,950,000List Price
Commercial RetailProperty Type
0.519 acresSize
$19,242.32 / 2024Taxes (Annual)
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PRICE CHANGED
$1,950,000
Previously Listed For:
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Listing History

Buy/sell history for 255 McDonnel Street, Peterborough, ON K9H 2W2

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Description

** Vendor/Seller take-back (VTB) mortgage available for qualified buyers.** Downtown Peterborough - Versatile Investment Opportunity. Prime industrial-zoned property (M3.2 - Enhanced Service Industrial) offering exceptional versatility in the heart of Peterborough's commercial core area! This unique site features two separate buildings designed for a mix of commercial, industrial, and residential uses, making it an excellent investment opportunity or an ideal owner-occupied business space. Over 4100 square feet on the main level of the primary building, and 10,000 square feet total between two buildings. Two 3-bedroom apartments with newer high end finishes, plus office or retail space round out this incredible mixed use package. Building 1 Expansive garage space, perfect for a tradesman's shop, vehicle repair, or contractors establishment. Building 2 Mixed-use space featuring a main-floor office plus two residential apartments, offering potential for rental income or live-work flexibility. Zoning (M3.2 - Enhanced Service Industrial) Allows for a variety of permitted uses. Strategic Location Centrally located in Peterborough, offering excellent accessibility for business operations. This turnkey property is an ideal option for investors seeking multi-use potential or business owners looking to establish a footprint in a high-demand commercial hub. Don't miss this rare opportunity! Check out the media and virtual tour for more images!

Features

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Amenities

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Summary

Tax (Annual):$19,242.32 / 2024
Listing #:X12238955
Property Type:Commercial Retail
Building Age:51-99
Size:0.519 acres
Land Size:114 x 194
Days on CPRB:
Garage:Other
Locker:None
On CPRB Since:
Listing Brokerage:ROYAL LEPAGE PROALLIANCE REALTY

Rooms

Details

Property

Property Type:Commercial Retail
Community:Town Ward 3
Municipality:Peterborough

Building

Size:0.519 acres
Building Age:51-99

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:Other
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Closed

Land

Cross Street:McDonnel Street and Bethune Street

$1,950,000

List price

255 McDonnel Street, Peterborough – Commercial Retail for sale