464 Aylmer Street North, Peterborough (Town Ward 3) - Retail for Sale
464 Aylmer Street North, Peterborough (Town Ward 3), Ontario, K9H3W2
4,735 ft²53 × 117 ft (6,275 sq ft) lot sizeListed 2 days ago
Overview
This retail property in Peterborough is for sale offering roughly 4,735 sq ft of space. It has been on the market 2 days, fresher than the Peterborough average of 60 days.
A rare opportunity to own both Spokes N Pedals, one of Peterborough's longest-established bicycle sales and repair shops, and the downtown commercial property it calls home. After nearly 40 years under the same ownership, this well-known and respected local business is ready for its next chapter. The turnkey sale includes the established business, all current inventory, parts, tools, equipment and everything needed to continue operations, along with the land and 4,734.61 sq. ft. building. Zoned C6, the property offers a versatile mix of commercial and residential space, including the existing bicycle shop, a large storage area and two 1-bedroom residential apartments. Whether you're an experienced bicycle professional looking to take over an established operation, an entrepreneur seeking a business with a long-standing reputation, or an investor looking for a downtown property with multiple income possibilities, this package offers plenty of potential. Continue the Spokes N Pedals legacy, make use of the existing commercial and residential spaces, or explore future possibilities for the property. An opportunity to acquire an established Peterborough business and the real estate all in one package. (id:66096)
Property Details
MLS®
X14138414
Property Type
Retail
Business Type
Retail and Wholesale
Zoning
C6
Interior Size
4,735 ft²
Lot Size
53 × 117 ft (6,275 sq ft)
Frontage
54 ft
Heating
Hot Water
Cooling
Partially air conditioned
Garage
Other
Property Tax
$8,836.45/yr
Listed
2 days ago
Services
Water
Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
2d
Peterborough (Town Ward 3) listings, avg age
60d
Price / ft²
$127
List price
$600K
Just listed: 2 days on market, against an average age of 60 days across the listings currently for sale in this city
Market timing · days on market0 → 60d avg age of current listings
Just listed · day 2
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.
Haho
This retail in Peterborough (Town Ward 3) has been listed for 2 days, which is 58 days fresher than the city average of 60. Act while there is still low competition.
Listed by Royal LePage Frank Real Estate · Jay Hammond
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (K9H)
This home lists at $599,900, about 9.4× the local median household income of $64,000.
Carrying it typically needs a household income of about $117,181 (20% down, 25-yr amortization, stress-tested) — roughly 83% 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)
$599,900· $127/ft²
For sale
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Financing
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