10
970 Highway 7 Highway, #Rear
$400,000 Sale
Listed 5 hours ago
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Listing History
Buy/Sell/Terminated/Expired listing history for 970 Highway 7 Highway, #Rear
Key Facts
Key facts for 970 Highway 7 Highway, #Rear
Property Type
Commercial
Parking
Other
MLS #
X12391736
Size
-
Basement
-
Listed on
2025-09-09
Lot size
113 x 235.0
Tax
$792.36 /yr
Days on Market
1
Approximate Age
-
Maintenance Fee
-
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 #X12391739
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Courtesy of: RE/MAX ESCARPMENT REALTY INC.