694-700 Armour RD Active

Peterborough East,ON K9H 1Z7

$ 799000

- Bed

- Bath

2600 SqFt


Key Details

Property Type Commercial

Sub Type Store W Apt/Office

Listing Status Active

Purchase Type For Sale

Square Footage 2,600 sqft

Price per Sqft $307

Subdivision 4 Central

MLS Listing ID X12016195

Annual Tax Amount $7,662

Tax Year 2024

Property Sub-Type Store W Apt/Office

Property Description

WELL KNOWN TO LOCALS ESTABLISHED CONVENIENCE STORE IN THE CENTRE OF A LARGE RESIDENTIAL NEIGHBOURHOOD. Free-standing excellent exposure of the property on the corner lot located on major NORTH-SOUTH thoroughfare. One of the busiest streets going to university and countryside. Property of the spacious recently renovated 2 Bedroom apartment upstairs can be rented for extra income.2,000 sqft retail store with high profit margins on grocery, low cigarette portion is generating approximately $15,300 weekly sales, Lotto commission $35,000/year and provides value-added service of approved liquor license for beer and wine, $2,800 weekly sales. SELLER IS LOOKING FOR RETIREMENT.

Location

Province ON

County Peterborough

Community 4 Central

Area Peterborough

Interior

Cooling Yes

Exterior

Community Features Major Highway,Public Transit

Utilities Available Yes

Lot Frontage 100.0

Lot Depth 114.0

Others

Security Features No

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