197 Hunter Street, Peterborough (Town Ward 3) - Business for Sale
197 Hunter Street, Peterborough (Town Ward 3), Ontario, K9H2L1
This business in Peterborough is for sale offering roughly 6,000 sq ft of space.
Description
Rare investment opportunity in the heart of Peterborough's vibrant "Caf District." This impressive 6,000 sq. ft. mixed-use building features a strategic blend of 2 prime commercial storefronts and 5 residential apartments, ensuring a diversified and robust income stream.The property is situated in a high-traffic, sought-after downtown location with premium visibility for commercial tenants and high demand for urban residential living. Exceptional C-6 zoning allows for a wide array of permitted uses, providing long-term flexibility and incredible potential for various business models. Steps to the city's best dining, shopping, and entertainment, this turnkey property offers the perfect balance of stability and growth. Whether you are looking to expand your holdings or secure a flagship cornerstone in the downtown core, this property delivers on every level! (id:66096)
Property Details
- MLS®
- X13104184
- Property Type
- Business
- Zoning
- C6 Commercial
- Bathrooms
- 9
- Parking
- 6
- Interior Size
- 6,000 ft²
- Lot Size
- 7,841 sq ft (0.18 ac)
- Frontage
- 70 ft
- Heating
- Hot water radiator heat, Natural gas
- Cooling
- Partially air conditioned
- Property Tax
- $11,629/yr
- Listed
- 180 days ago
Features
- Appliances
- Washer, Dryer
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 180 days on market, against an average age of 60 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.
This business in Peterborough (Town Ward 3) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (K9H)
This home lists at $1,599,900, about 25.0× the local median household income of $64,000.
Carrying it typically needs a household income of about $312,516 (20% down, 25-yr amortization, stress-tested) — roughly 388% above the area median.
- Median household income
- $64,000
- Population
- 29,704
- Median age
- 42
- Owner / renter
- 53% / 47%
- Avg. household size
- 2.2
Source: Statistics Canada, 2021 Census (FSA K9H)
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$1,599,900
Peterborough