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$2,249,000
Available - For Sale
Listing ID: X12110485
Opportunity Awaits in Norwood! Located in the rapidly growing town of Norwood and just steps from busy Hwy 7, this exceptional mixed-use property is a rare investment opportunity. Only 20 minutes to Peterborough and Hwy 115, this building offers the perfect blend of commercial and residential income streams. The main floor features three established commercial tenants with long-term leases, ensuring stable cash flow. Upstairs, five fully tenanted residential unit search with separate hydro meters offer a variety of layouts to attract diverse renters. A profitable, on-site laundromat with several newer machines is included in the sale, adding an additional revenue stream. Ample parking is available at the rear and side of the building for tenants and customers. Pride of ownership shines throughout with numerous upgrades and meticulous maintenance over the years. This is truly a must-see property an incredible opportunity for investors looking for immediate returns and future growth potential.
Price $2,249,000
Taxes: $8,855.69
Tax Type: Annual
Occupancy by: Tenant
Address: 2361 County Road 45 N/A , Asphodel-Norwood, K0L 2V0, Peterborough
Postal Code: K0L 2V0
Province/State: Peterborough
Legal Description: LT 3 W/S VICTORIA ST AND E/S COLBORNE ST
Directions/Cross Streets: County Rd 45, just south of Hwy 7. At the 4 way light in Norwood
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Multi-Use
Building Percentage: F
Total Area: .43
Total Area Code:  Acres
Office/Appartment Area: 4800
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Greenbelt/Conse   Major Highway
Approximatly Age: 51-99
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Maintenance: 0
Expenses Actual/Estimated: $Est
Sprinklers: No
Heat Type: Baseboard
Central Air Conditioning: Partial
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RE/MAX HALLMARK EASTERN REALTY

2361 County Road 45 N/A , Asphodel-Norwood, K0L 2V0, Peterborough

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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At a Glance:
Type: Com - Commercial Retail
Area: Peterborough
Municipality: Asphodel-Norwood
Neighbourhood: Norwood
Style:
Lot Size: x 198.00(Feet)
Approximate Age: 51-99
Tax: $8,855.69
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949