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$749,900
Available - For Sale
Listing ID: X10431856
NORWOOD COMMERCIAL INVESTMENT OPPORTUNITY!Seize this outstanding investment featuring a prime commercial building on bustling Highway 7, complete with a thriving restaurant tenant and two separate income-producing apartments. Exceptional visibility in a high-traffic location, attracting over 9,000 vehicles daily. Highlights Include: Established and successful restaurant tenant providing immediate income Two additional apartments: ideal for extra rental income or live in one and rent the otherLarge paved parking lot with convenient multiple entrances directly off Highway 7Durable and low-maintenance brick veneer construction with a metal roofDesirable C-1 Zoning suitable for numerous commercial usesImmediate possession available with tenant assumptionCapitalize on this prime location offering maximum highway exposure, consistent rental income, and versatile investment potential. Act now to secure this exceptional Norwood property!
Price $749,900
Taxes: $3,242
Tax Type: Annual
Assessment: $195000
Assessment Year: 2024
Occupancy by: Tenant
Address: 4294 Hwy 7 N/A West , Asphodel-Norwood, K0L 2V0, Peterborough
Postal Code: K0L 2V0
Province/State: Peterborough
Legal Description: PT LT 8 N/S PETERBOROUGH ST PL 6 NORWOOD
Lot Size: 99.35 x 397 (Feet)
Directions/Cross Streets: CEDAR ST
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Store With Apt/Office
Building Percentage: T
Total Area: 5,600
Total Area Code:  Square Feet
Office/Appartment Area: 2800
Office/Appartment Area Code: Sq Ft
Retail Area: 2800
Retail Area Code: Sq Ft
Area Influences: Major Highway  
Maintenance: 0
Sprinklers: No
Heat Type: Baseboard
Central Air Conditioning: Partial
Sewers: Sanitary
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
KIC REALTY

4294 Hwy 7 N/A West , Asphodel-Norwood, K0L 2V0, Peterborough


 
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At a Glance:
Type: Com - Store W Apt/Office
Area: Peterborough
Municipality: Asphodel-Norwood
Neighbourhood: Norwood
Style:
Lot Size: 99.35 x 397.00(Feet)
Approximate Age:
Tax: $3,242
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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