1054 Monaghan Road Peterborough, Ontario K9J 5R2
$4,500,000
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:49094)
Property Details
| MLS® Number | 40364530 |
| Property Type | Other |
| Amenities Near By | Airport, Hospital, Public Transit, Shopping |
| Communication Type | Fiber |
| Community Features | High Traffic Area |
| Equipment Type | Other |
| Features | Corner Site, Elevator, Paved Driveway, Passenger Elevator |
| Parking Space Total | 66 |
| Rental Equipment Type | Other |
| Sign Type | Pylon |
Building
| Age | Historical |
| Basement Development | Partially Finished |
| Basement Type | Full (partially Finished) |
| Construction Style Attachment | Detached |
| Exterior Finish | Brick |
| Fire Protection | Smoke Detectors, Alarm System, Security System |
| Heating Fuel | Natural Gas |
| Stories Total | 1 |
| Size Exterior | 21650.0000 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Airport, Hospital, Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| Size Frontage | 331 Ft |
| Size Irregular | 0.954 |
| Size Total | 0.954 Ac|1/2 - 1.99 Acres |
| Size Total Text | 0.954 Ac|1/2 - 1.99 Acres |
| Zoning Description | Sp. 156 |
Utilities
| Electricity | Available |
| Natural Gas | Available |
https://www.realtor.ca/real-estate/25181807/1054-monaghan-road-peterborough
Interested?
Contact us for more information
Ronald Whetung
Salesperson
(705) 743-7305
www.youronlineagents.com/ronwhetung
419 George Street South-Upper Floor
Peterborough, Ontario K9J 3E2
(705) 743-7355
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March 03 2023 10:27:24
Peterborough & Kawarthas Association REALTORS®
Mincom Kawartha Lakes Realty Inc. Brokerage