$ 3,499,000

379 George Street N, Peterborough

Great Opportunity for Investors.One of the best and best-looking buildings in Peterborough, this prime, fully leased commercial asset is located in the heart of downtown. Municipal parking is conveniently located at the rear of the building. 379 George St N offers 15,845 SF plus a fully usable basement, positioned along one of the city's main commercial corridors with exceptional visibility and steady foot traffic. This is a rare opportunity to acquire a high-quality, income-producing downtown asset with immediate stability and long-term upside in one of Peterborough's most desirable commercial locations.The property features a heritage-designated storefront facade, combining historic charm with strong street presence. In addition, the building includes an existing elevator shaft, providing the opportunity for a new owner to install an elevator if desired adding future value and enhanced accessibility.The property is 100% leased with stable tenants, including Starks Barbershop, VR Play Arena, and Outpost Agency, with remaining lease terms of approximately 4, 3, and 1.5 years. All existing tenants have expressed willingness to renew at the end of their current lease terms, ensuring continued stability. This solid tenancy mix provides reliable, in-place income and long-term security. All units are separately metered (Hydro, Water, Enbridge gas), with tenants paying their own utilities, significantly minimizing landlord expenses. Strong net income (approx. $$$/month) Financial statements available upon signing a Confidentiality Agreement. Rare opportunity to acquire a stabilized, income-producing downtown asset with long-term upside potential in one of Peterborough's most desirable commercial corridors. (id:1945)
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Property details for 379 George Street N, Peterborough

Type
Commercial
Bathrooms
10
Living Area
15,845 square feet
Lot Size
47 x 160 FT
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Annual Taxes
$30,302

Nearby Listings Stat

Estimated price and comparable properties near 379 George Street N

Active Listings
1
Min Price
$3,499,000
Max Price
$3,499,000
Avg Price
$3,499,000
Days on Market
9
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days

Price History

Listed
September 21, 2026
by HOMELIFE/VISION REALTY INC.
Current Price
$3,499,000
-5.4% from last change
Type
Commercial
For Sale
Price Changes
1
Date Price Change
Current $3,499,000 $200,000 (-5.4%)
Sep 21, 2026 $3,699,000 Listed

Contact Agent Get in touch about 379 George Street N, Peterborough

KHOREN MARDOYAN
KHOREN MARDOYAN
HOMELIFE/VISION REALTY INC.

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