This classic 3-storey century building is ideally located on Peterborough's main thoroughfare, right in the heart of downtown. Boasting beautiful large display bay windows offering plenty of natural light. The main floor retail space has been thoroughly renovated and currently is occupied by a Pharmacy (on a 10-yearlease). Additionally, there are three renovated, residential apartments. #1 features two levels, two bedrooms, one bathroom and a private patio. # 2 features one bedroom and one bathroom. # 3 features one bedroom, one bathroom and a beautiful deck. The dry basement is used for storage space by the Pharmacy.With its Heritage Designation, this property enjoys significant reductions in property taxes.There is additional income from the rented Billboard sign on the North-side of the building. Parking for 2 in the back parking lot is included. Don't miss this excellent opportunity to invest in a classic building in downtown Peterborough's landscape!! **EXTRAS** The 2025 Taxes are $9,938.66 Less A Heritage Tax Credit of $3,040.37 BIA Tax is $366.63
Address
432 George Street N
List Price
$1,199,000
MLS® Status
New
Expiration Date
2026-06-30
Property Type
Commercial
Type of Dwelling
Store W Apt/Office
Transaction Type
For Sale
Area
Peterborough
Sub-Area
town-ward-3
Lot Depth
115.58
Lot Shape
Rectangular
Lot Type
Lot
Lot Size Units
Feet
Lot Width
23.08
Parcel Number
281030035
Total Building Area
5389
Occupant Type
Tenant
Cross Street
George St & Brock St
MLS® Number
X12393687
Listing Brokerage
ROYAL LEPAGE PROALLIANCE REALTY
Basement
Yes
Postal Code
K9H 3R5
Posession Details
TBA
Tax Amount
$7,264.92
Tax Year
2025
Standard Status
Active
Board Or Association
Central Lakes Association of REALTORS
Heat Type
Gas Forced Air Open
Cooling Features
Partial
New Construction
No
Garage Type
None
Tax Legal Description
PT LT 1 S OF BROCK ST AND E OF GEORGE(PETERBOROUGH) AS R568575 & PT 12 PL 45R10813, S/T & T/W R568575 ; PETERBOROUGH
Security Features
No
Sewer
Sanitary