1054 MONAGHAN Road, Peterborough, Ontario, K9J5R2

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For sale, ID#: 40364530
1054 MONAGHAN Road
Peterborough Ontario
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0 Beds
0 Bath
$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:2471)

Representative
Elda Pirie
Elda PirieSales Representative
Ball Real Estate Inc. Brokerage
Property Details
  • Property Address: 1054 MONAGHAN Road, Peterborough, Ontario, K9J5R2
  • Property Type: Other
  • Zoning Description: SP. 156
  • Title: Freehold
  • Lot Size: 0.954
  • Acreage: 0.954 ac|1/2 - 1.99 acres
  • Sewage Type: Municipal sewage system
  • Water Type: Municipal water
  • Total Parking Spaces: 66
  • Amenities Nearby: Airport, Hospital, Public Transit, Shopping
Structure Details
  • Style: Detached
  • Storeys: 1
  • Building Age: Historical
  • Basement Type: Full (Partially finished)
  • Heating Type: Natural gas
  • Exterior Type: Brick
Amenities / Features
  • Corner Site
  • Elevator
  • Paved driveway
  • Passenger elevator
  • High Traffic Area
Neighbourhood Information

Listing Office: Mincom Kawartha Lakes Realty Inc. Brokerage

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1054 MONAGHAN Road, Peterborough, Ontario, K9J5R2

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