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LOADING

173 Charlotte St Peterborough, Ontario K9J 2T7

25782 sqft
Fully Air Conditioned

$2,499,000

Exciting opportunity awaits for the savvy and ambitious investor. The Historic White House Hotel is a part of Peterborough's downtown history. More than 25000 sq ft on three floors. The main floor operates as a Wild Wing Restaurant and one of the largest bars in the GTA with licensed seating for 520 seats + 62 outdoor seats. The bar area consists of 3 bars, stage with DJ Area & pool tables. The second floor consists of 18 units with the potential to increase or to adjust to see fit. The third floor is ready to be converted into 18-20 units for student bachelors with a communal kitchen. The potential for developing this property is vast and exciting. A few ideas to spark the imagination: repurpose underutilized areas of the building, fitness center, profitable coin laundry, corporate events boardroom, leasing retail space, catering service etc. With the right ideas, strategic planning, and investment, the building has the potential to become a very lucrative asset.**** EXTRAS **** Investors can create a very profitable and successful business in addition to the current overall success of the property. Vacancy rate is 1%. Govt grants and incentives available. Incredible opportunity awaits. (id:52603)

Business

Business Type Service
Business Sub Type Miscellaneous services

Property Details

MLS® Number X8061946
Property Type Business
Community Name Downtown

Building

Cooling Type Fully Air Conditioned
Size Exterior 25782 Sqft
Size Interior 25782 Sqft
Utility Water Municipal Water

Land

Acreage No
Size Irregular Bldg=67.25 X 191.5 Ft
Size Total Text Bldg=67.25 X 191.5 Ft

https://www.realtor.ca/real-estate/26505970/173-charlotte-st-peterborough-downtown


CENTURY 21 LEADING EDGE REALTY INC.
408 Dundas St West
Whitby, Ontario L1N 2M7

(905) 666-0000
https://leadingedgerealty.c21.ca

CENTURY 21 LEADING EDGE REALTY INC.
408 Dundas St West
Whitby, Ontario L1N 2M7

(905) 666-0000
https://leadingedgerealty.c21.ca

Interested?

Contact us for more information


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