10
970 HIGHWAY 7 Highway Unit# Rear, #Rear
$400,000 Sale
Listed 1 day
· 0
· 0.0
· 0
· 2000
Key Facts
Key facts for 970 HIGHWAY 7 Highway Unit# Rear, #Rear
Property Type
Other
Parking
Garage: No, 0 parking
MLS #
40767684
Size
2000 sqft
Basement
None
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
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 #40767697 (id:10452)
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Listing courtesy of: RE/MAX Escarpment Realty Inc.
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