1054 MONAGHAN Road, Peterborough, Ontario, K9J5R2
Property TypeOther Lot Size0.95 acres

QUALITY INVESTMENT OPPORTUNITY TO ACQUIRE A NEWLY RENOVATED MULTI-TENANTED COMMERCIAL BUILDING FULLY OCCUPIED ON LONG TERM LEASES. MIX OF FINANCIAL/GOVERNMENT/MEDICAL TENANCIES. LANDMARK BUILDING LOCATED NEAR THE PETERBOROUGH REGIONAL HEALTH CENTRE AND ONE OF PETERBOROUGH'S MAIN BUSINESS INTERSECTIONS AT MONAGHAN/LANSDOWNE. THE PROPERTY IS COMPRISED OF AN EXTENSIVELY RENOVATED 21,650 SF BUILDING ORIGINALLY CONSTRUCTED IN STAGES 1962 AND 1977 ON A 0.954 ACRE PARCEL. 66 PARKING SPACES. MULTIPLE ENTRANCES WITH BARRIER FREE BUILDING ACCESS FROM THE SOUTH SIDE PARKING LOT AND OTHER UPGRADED ACCESSIBILITY FEATURES, INCLUDING TWO LIFTS AND AN ELEVATOR. ENVIRONMENTAL REPORTS AND DESIGNATED SUBSTANCES SURVEY ARE POSITIVE BY MOE STANDARDS. APPROXIMATE GROSS INCOME $378,311 AND TOTAL EXPENSES $137,236 FOR A CAP OF 5.36 (id:46094)


Details
Amenities NearbyAirport, Hospital, Public Transit, Shopping CommunicationFiber
Community FeaturesHigh Traffic Area EquipmentOther
FeaturesCorner Site, Elevator, Paved driveway, Passenger elevator OwnershipFreehold
Parking Spaces66 Rental EquipmentOther
SignPylon TransactionFor sale
Zoning DescriptionSP. 156
Building
Basement DevelopmentPartially finished BasementFull (Partially finished)
Construction Style AttachmentDetached Exterior FinishBrick
Fire ProtectionSmoke Detectors, Alarm system, Security system Heating FuelNatural gas
Size Exterior21650.0000 Storeys Total1
Utility WaterMunicipal water
Land
Size Total0.954 ac|1/2 - 1.99 acres Size Frontage331 ft
AmenitiesAirport, Hospital, Public Transit, Shopping SewerMunicipal sewage system
Size Irregular0.954

Listing Office: Mincom Kawartha Lakes Realty Inc. Brokerage

Data Provided by Peterborough & Kawarthas Association REALTORS®

Last Modified :13/01/2023 10:33:58 AM

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