Opportunity Awaits in Norwood! Located in the rapidly growing town of Norwood and just steps from busy Hwy 7, this exceptional mixed-use property is a rare investment opportunity. Only 20 minutes to Peterborough and Hwy 115, this building offers the perfect blend of commercial and residential income streams. The main floor features three established commercial tenants with long-term leases, ensuring stable cash flow. Upstairs, five fully tenanted residential unit search with separate hydro meters offer a variety of layouts to attract diverse renters. A profitable, on-site laundromat with several newer machines is included in the sale, adding an additional revenue stream. Ample parking is available at the rear and side of the building for tenants and customers. Pride of ownership shines throughout with numerous upgrades and meticulous maintenance over the years. This is truly a must-see property an incredible opportunity for investors looking for immediate returns and future growth potential. (id:4069)
Address
2361 COUNTY ROAD 45
List Price
$2,249,000
Property Type
Retail
Area
Ontario
Sub-Area
Asphodel Norwood (norwood)
Lot Size
99 x 198 FT Sq. Ft.
MLS® Number
X12110485
Listing Brokerage
RE/MAX HALLMARK EASTERN REALTY
Postal Code
K0L2V0
Zoning
C1-(F) Commercial & Residential
Site Influences
Highway
Features
Irregular lot size, Conservation/green belt
