255 McDonnel Street, Peterborough, ON K9H 2W2 (McDonnel Street and Bethune Street)

Price : $1,950,000.00 , MLS®# : X12238955

PUVANESWARANATHAN
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!

Location Description

McDonnel Street and Bethune Street

Property Details
  • Community: Town Ward 3
  • Property Type: Owner+Tenant/Commercial
  • Garages: Other
  • Annual Property Taxes : $ 19242.32
Building Features
  • Parking Type : Other
Features
  • Heating : Gas Forced Air Closed

Listing Contracted With: ROYAL LEPAGE PROALLIANCE REALTY