The Jennifer Jones Team, LPT Realty, Brokerage
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Peterborough (Town Ward 3), ON

529 REID STREET

$799,900

Listed by
Ball Real Estate Inc.
Calum Yule, Salesperson

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office at 529 REID STREET, Peterborough (Town Ward 3), ON
529 REID STREET, Peterborough (Town Ward 3), ON, photo 2529 REID STREET, Peterborough (Town Ward 3), ON, photo 3

Property facts

Price
$799,900
Type
office
Bedrooms
0
Bathrooms
3
Size
2,284 sq ft
MLS®
X13722788
Status
active
Brokerage
Ball Real Estate Inc.

About this home

Description provided by the listing brokerage

Excellent opportunity to own a versatile 3-storey office building in a high-traffic downtown location, offering excellent visibility and on-site parking for up to 8 vehicles. Situated at the corner of McDonnel and Reid Street, beside a city parkette and close to downtown amenities and public transit, this property is well suited for a variety of professional uses including a clinic, office space, or potential residential component. Offering approximately 2,284 sq.ft. above grade, the building features 6 offices, a reception area, boardroom, kitchen area, 2.5 bathrooms and a basement laundry. The main and second floors were recently gutted back to the studs and extensively renovated with new insulation and drywall, while all three levels plus the basement have received new flooring, trim and paint. The second-floor 4-piece bathroom is completely new, and two wall-mounted heat pump units provide air conditioning and supplemental heating. The basement offers additional usable space along with a convenient walk-up directly to the rear parking area. With its prominent downtown location, generous parking, flexible layout and extensive recent improvements, this is an excellent opportunity for an owner-user, professional practice or investor.

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