970 Highway 7 HWY Pending

Otonabee-south Monaghan,ON K9J 6X7

$ 1700000

- Bed

- Bath

1 SqFt


Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Pending

Purchase Type For Sale

Square Footage 1 sqft

Price per Sqft $1,700,000

Subdivision Otonabee-South Monaghan

MLS Listing ID X12391739

Annual Tax Amount $15,822

Tax Year 2025

Property Sub-Type Sale Of Business

Property Description

Excellent Opportunity To Acquire A Well-Established Profitable Business That Requires Minimal Oversight. 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. 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 (Rear) MLS #X12391736

Location

Province ON

County Peterborough

Community Otonabee-South Monaghan

Area Peterborough

Zoning GC

Interior

Cooling No

Exterior

Parking Features Outside/Surface

Building

Lot Description Lot

View More
Favorite Go Tour