2361 COUNTY RD 45, Asphodel-Norwood (Norwood), Ontario, K0L2V0

Property Description

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:64974)

Quick Facts

• Property Type: Retail
• Bedrooms: None
• Bathrooms: None
• Lot Size: 0.4300 acres (0.17 ha)
• Frontage: 99 ft (30.2 m)

Costs

• Annual Taxes: $8,855.69

Listing Provided by: RE/MAX HALLMARK EASTERN REALTY
Board: Central Lakes Association of REALTORS®
Data provided via CREA DDF®.