432 George Street North, Peterborough | Image 1

432 George Street North

Peterborough, Downtown

  • Commercial

$1,399,000
For Sale

Added 1 month ago

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  • Type: Store W/Apt/Office

  • Property Type: Commercial

  • Zoning: C-6

  • Age: No Data

  • Taxes: 6849.48

  • MLS®#: X9379793

  • Added: Oct 03, 2024 (1 month ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: ROYAL LEPAGE PROALLIANCE REALTY

This stunning and classic 3-storey century building is ideally located on Peterborough's main thoroughfare, right in the heart of downtown. Boasting beautiful large display bay windows offering plenty of natural light. The main floor retail space has been thoroughly renovated and currently is occupied by a Pharmacy (on a 10-year lease). Additionally, there are three renovated, residential apartments. Unit 1 features two levels, two bedrooms, one bathroom and a private patio. Unit 2 features one bedroom and one bathroom. Unit 3 features one bedroom, one bathroom and a beautiful deck. The dry basement is used for storage space by the Pharmacy. With its Heritage Designation, this property enjoys significant reductions in property taxes.There is additional income from the rented Billboard sign on the North-side of the building. Parking for 2 in the back parking lot is included. Don't miss this excellent opportunity to invest in a classic building in downtown Peterborough's landscape!!

Extras

The 2024 Taxes are $9,342.67 Less A Heritage Tax Credit of $2,851.61. BIA Tax is $358.42

Property

  • Status: Sale

  • Property Type: Store W/Apt/Office

  • Property Type: Store With Apt/Office

  • Area: Peterborough

  • Community: Downtown

  • Availability Date: TBA

  • Assessment Amount: $439,000

  • Assessment Year: 2024

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 2

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 1 S OF BROCK ST AND E OF GEORGE(PETERBOROUGH) AS R568575 &

  • Taxes: $6,849

  • Taxes Type: Annual

Land

  • Cross Street: George St & Brock St

  • Municipality District: Peterborough

  • Parcel Number: 281030035

  • Lot Depth: 115.58 Feet

  • Lot Frontage: 23.08 Feet

  • Zoning: C-6

Commercial Specific

  • Retail Area: 1870

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 5389

  • Total Area Metric: Sq Ft

  • Office Size: 3519

  • Office Size Metric: Sq Ft

  • Lot Code: Lot

  • Building Percent: 100

JK-8

ÉÉC Monseigneur-Jamot

Elementary: Catholic
1.67 km
JK-8

Queen Elizabeth Public School

Elementary: Public
1.66 km
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Immaculate Conception Catholic Elementary School

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0.82 km
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Armour Heights Public School

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1.31 km
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King George Public School

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1.18 km
JK-8

St. Anne Catholic Elementary School

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1.71 km
9-12

Peterborough Collegiate and Vocational School

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0.33 km
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Kenner Collegiate and Vocational Institute

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3.17 km
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Holy Cross Catholic Secondary School

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4.18 km
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Adam Scott Collegiate and Vocational Institute

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2.31 km
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Thomas A Stewart Secondary School

Secondary: Public
2.80 km
9-12

St. Peter Catholic Secondary School

Secondary: Catholic
1.93 km
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