$749,900
Available - For Sale
Listing ID: X10431856
4294 Hwy 7 N/A West , Asphodel-Norwood, K0L 2V0, Peterborough
| 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! |
| Price | $749,900 |
| Taxes: | $3242.00 |
| Tax Type: | Annual |
| Assessment: | $195000 |
| Assessment Year: | 2024 |
| Occupancy: | Tenant |
| Address: | 4294 Hwy 7 N/A West , Asphodel-Norwood, K0L 2V0, Peterborough |
| Postal Code: | K0L 2V0 |
| Province/State: | Peterborough |
| Legal Description: | PT LT 8 N/S PETERBOROUGH ST PL 6 NORWOOD |
| Lot Size: | 99.35 x 397.00 (Feet) |
| Directions/Cross Streets: | CEDAR ST |
| 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 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Store With Apt/Office |
| Building Percentage: | T |
| Total Area: | 5600.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 2800 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area: | 2800 |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | Partial |
| Sewers: | Sanitary |
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| KIC REALTY |
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At a Glance:
| Type: | Com - Store W Apt/Office |
| Area: | Peterborough |
| Municipality: | Asphodel-Norwood |
| Neighbourhood: | Norwood |
| Lot Size: | 99.35 x 397.00(Feet) |
| Tax: | $3,242 |
| Fireplace: | N |
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