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CAONOtonabee South Monaghan970 Highway 7 Highway
REAR - 970 Highway 7 Highway, Home with 0 bedrooms, 0 bathrooms and null parking in Otonabee South Monaghan ON | Image 1
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$400,000

Rear - 970 Highway 7 Highway, Otonabee South Monaghan, ON

Real Estate

For Sale

$--,---,---
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  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $792
Days Active 6
Approx. Age 
MLS® Number X12391736

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Excellent Opportunity To Acquire A Well-Established Profitable Business On Busy Highway 7 (Trans-Canada Highway) Just East Of The City Of Peterborough. Family Owned For 40 Years. Combined Area Approx 2 Acres. Selling At 8.7% CAP Rate Despite Being Underutilized And Remotely Managed In Recent Years. Huge Upside Potential, Below Market Rents With Room To Expand To Increase Revenue. 118 Units In Buildings, 39 Seacans With Potential To Add More Onto Parking Areas, 37 Parking Spaces, 6 Offices. Financials Available With An NDA. Property Must Be Sold Along With 970 HIGHWAY 7 MLS #X12391739Show Description
MLS® NumberX12391736
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatGas Forced Air Closed
A/CNo
Heating Fuel

Extras

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