255 McDonnel Street Image 1

$2,100,000

2 days agoCommercial Retail For Sale
bedroomsbed
washrooms0bath
MLS - #X12032659

255 McDonnel Street, Peterborough Central, ON K9H 2W2

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Average Price
210000000.0%
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Property Description

Property type

Commercial Retail

Lot size

N/A

Style

Approx. Area

N/A

About 255 McDonnel Street

Downtown Peterborough - Versatile Investment Opportunity. Prime industrial-zoned property (M3.2 - Enhanced Service Industrial) offering exceptional versatility in the heart of Peterborough's commercial core area! This unique site features two separate buildings designed for a mix of commercial, industrial, and residential uses, making it an excellent investment opportunity or an ideal owner-occupied business space. Over 4100 square feet on the main level of the primary building, and 10,000 square feet total between two buildings. Two 3-bedroom apartments with newer high end finishes, plus office or retail space round out this incredible mixed use package. Building 1 Expansive garage space, perfect for a tradesman's shop, vehicle repair, or contractors establishment. Building 2 Mixed-use space featuring a main-floor office plus two residential apartments, offering potential for rental income or live-work flexibility. Zoning (M3.2 - Enhanced Service Industrial) Allows for a variety of permitted uses. Strategic Location Centrally located in Peterborough, offering excellent accessibility for business operations. This turnkey property is an ideal option for investors seeking multi-use potential or business owners looking to establish a footprint in a high-demand commercial hub. Don't miss this rare opportunity! Check out the media and virtual tour for more images!

Home Overview

Last updated

23 hours ago

Virtual tour

None

Basement information

Building size

0.519

Status

In-Active

Property sub type

Commercial Retail

Maintenance fee

$N/A

Year built

2024

Listed by ROYAL LEPAGE PROALLIANCE REALTY

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Closed
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$8020.58/ month
$1,680,000 Principal and Interest
$2,016,000 Property Taxes

Location

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