Descripation

Downtown Investment & Land Banking Opportunity. A rare opportunity to own a well-positioned downtown Peterborough property offering excellent potential for investors, entrepreneurs, or those looking to secure a valuable piece of commercial real estate for the future. The property features a 4734.61 sq. ft. building with C6 zoning, offering a versatile mix of commercial and residential space. The building includes existing commercial space, a large storage area, and two 1-bedroom residential apartments, providing multiple potential uses and income opportunities. Whether you are looking to operate a business, generate rental income, hold for future redevelopment, or simply secure a downtown property in an established location, this property offers flexibility and long-term potential. The existing building provides functionality today while the C6 zoning and downtown location create opportunities to explore what may be possible in the future. Buyer to verify permitted uses, development potential, and zoning requirements with the appropriate authorities. For those interested in purchasing the established business currently operating from the property, Spokes N Pedals is also available for purchase separately under MLS #X13688314. Purchase the property alone, or explore the opportunity to acquire both the real estate and the long-established business.