REAR - 970 HIGHWAY 7 HIGHWAY, Otonabee-South Monaghan, Ontario, CA

Address: REAR - 970 HIGHWAY 7 HIGHWAY, Otonabee-South Monaghan, Ontario

0 Beds0 Baths0 sqftStatus: Buy
Price $400,000

Property Overview


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. 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. (id:51532)

 

Tags




Property Summary
Property Type
Business
Community Name
Otonabee-South Monaghan
Land Size
0.62 ac
Building
Heating & Cooling
Heating Type
Forced air
Utilities
Utility Sewer
Septic System
Land
Other Property Information
Zoning Description
GC
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Your Home Finance Calculation

Property Price CA $400,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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