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970 Highway 7 Highway Unit# Rear Peterborough, Ontario K9J 6X7

2000 sqft

$400,000

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. Combined Area Approx 2 Acres. 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. Financials Available With An NDA. Property Must Be Sold Along With 970 HIGHWAY 7 MLS #40767697 (id:41954)

Business

Name Unicell MiniStorage

Property Details

MLS® Number 40767684
Property Type Other
Community Features High Traffic Area

Building

Basement Type None
Size Exterior 2000.0000
Size Interior 2000 Sqft
Utility Water Well

Land

Access Type Road Access, Highway Access
Acreage No
Sewer Septic System
Size Depth 235 Ft
Size Frontage 113 Ft
Size Total Text 1/2 - 1.99 Acres
Zoning Description Gc

https://www.realtor.ca/real-estate/28836058/970-highway-7-highway-unit-rear-peterborough

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