Behzad Rahdari, P. Eng.
Broker
Re/Max Hallmark Realty Ltd., Brokerage
Independently owned and operated.
9555 Yonge St , Richmond Hill, Ontario L4C 9M5
Cell: 416-301-7556Office: 905-883-4922
$400,000
Available - For Sale
Listing ID: X12391736
970 Highway 7 High , Otonabee-South Monaghan, K9J 6X7, Peterborough
| Excellent Opportunity To Acquire A Well-Established Profitable Business On Busy Highway 7 (Trans-Canada Highway) Just East Of The City Of Peterborough. Family Owned For 40 Years. Selling At 8.7% CAP Rate Despite Being Underutilized And Remotely Managed In Recent Years. Huge Upside Potential, Below Market Rents With Room To Expand To Increase Revenue. 118 Units In Buildings, 39 Seacans With Potential To Add More Onto Parking Areas, 37 Parking Spaces, 6 Offices. |
| Price | $400,000 |
| Taxes: | $792.36 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Owner+T |
| Address: | 970 Highway 7 High , Otonabee-South Monaghan, K9J 6X7, Peterborough |
| Postal Code: | K9J 6X7 |
| Province/State: | Peterborough |
| Legal Description: | PT LT 27 CON 10 OTONABEE AS IN R445677; |
| Directions/Cross Streets: | Highway 7 And Lancaster Rd. |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | With Property |
| Use: | Self Storage |
| Building Percentage: | T |
| Total Area: | 0.00 |
| Retail Area Code: | Sq Ft |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Hours Open: | 9-6 |
| Employees #: | 0 |
| Seats: | 0 |
| Washrooms: | 0 |
| Outside Storage: | T |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | No |
| Sewers: | Septic |
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Years
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| RE/MAX ESCARPMENT REALTY INC. |
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Behzad Rahdari, P. Eng.
Broker
Dir:
416-301-7556
Bus:
905-883-4922
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Peterborough |
| Municipality: | Otonabee-South Monaghan |
| Neighbourhood: | Otonabee-South Monaghan |
| Tax: | $792.36 |
| Fireplace: | N |
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