Welcome to the heart of growing and flourishing downtown Millbrook. This mixed-use building is perfect for the discretionary investor looking to access the rental and commercial market in the area. The property boasts 4 large residential units, 2 thriving commercial units and 1 exterior garage (used as storage presently). All units are occupied with the majority at market rents. Each tenant has been properly vetted and takes pride in the property. The present owner has spent close to $300K on renovations and upgrades to the building. All tenants pay their own heat/hydro making the monthly costs favorable.
Property Type:
Commercial
Property Sub Type:
Store W Apt/Office
Freestanding:
Yes
Total Area:
3589 sq. ft. Square Feet
Total Area:
3,589 sq. ft.333 m2
Retail Area:
2512 sq. ft. Sq Ft
Office/Apt Area:
0 sq. ft. Sq Ft Divisible
Depth:
97'29.6 m
Frontage:
37'11.3 m
Water supply:
Municipal
Zoning:
CMU1
Heating type:
Baseboard
Survey Available:
No
Garage:
Lane
Possession Details:
immediate
HST Applicable To Sale Price:
In Addition To
Development Charges Paid:
Unknown
Type Taxes:
Annual
Taxes:
$4,712 /
2024
Assessment:
$- /
-
Cavan Monaghan
Millbrook
Peterborough
No
Hot Water Tanks (owned). 4 stoves, 4 fridges (residential units)
Tenants' personal belongings. All appliances, display cabinets and fixtures located in the commercial units are the property of the tenants.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.