$1,111,200
Peterborough
330-334 Charlotte Street West, Peterborough (Town Ward 3), Ontario, K9J2V9
This retail property in Peterborough is for sale offering roughly 5,182 sq ft of space.
C6 Mixed-Use Building with Commercial & Residential Components offering exceptional flexibility for owner-occupiers, investors, or live/work buyers. Configured with multiple commercial addresses, separate hydro metres, electrical panels, and water lines, the property supports a variety of commercial occupancy and income opportunities, whether operated as one larger commercial space or divided into multiple configurations.The sale includes the real estate only. The existing owner-operated business shown in the photographs is not included in the sale. Vacant possession of the commercial space may be available, subject to timing, allowing an incoming owner the opportunity to establish a new business or commercial use.The commercial level offers a flexible layout suitable for a broad range of C6 permitted uses, including restaurant, caf, boutique retail, wellness, professional offices, studios, and other client-focused businesses.The residential component features a spacious four-bedroom living space with multiple entrances, two kitchens, and two municipal addresses. Previously configured as two residential units, the layout offers flexibility for future use, subject to applicable approvals. Portions of the residential space are currently tenanted, providing interim income while preserving future occupancy options.More than $450,000 has been invested in structural and cosmetic improvements throughout the property.Prominently positioned on a high-exposure corner lot with two street frontages, excellent signage potential, and walkable access to downtown amenities, this is a rare opportunity to acquire a substantially improved mixed-use property offering exceptional flexibility for business, residential, and investment use. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 300 days on market, against an average age of 61 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 retail in Peterborough (Town Ward 3) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,111,200, about 15.3× the local median household income of $72,500.
Carrying it typically needs a household income of about $217,056 (20% down, 25-yr amortization, stress-tested) — roughly 199% above the area median.
Source: Statistics Canada, 2021 Census (FSA K9J)
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