$699,900
For sale: Other

Position your business or investment in the heart of Peterborough with this exceptional freestanding commercial retail opportunity at 384 Queen Street. Offering flexible zoning, this property accommodates a wide range of permitted uses, ideal for owner-operators, investors, or those seeking redevelopment potential. The building features a highly adaptable layout, allowing for seamless customization to suit retail, service, or mixed-use concepts. Inside, you'll find generous storage areas that support efficient day-to-day operations, while the freestanding structure provides excellent visibility and branding opportunities. A rare highlight for the area is the inclusion of on-site parking, an invaluable asset for both customers and staff. This convenience, combined with easy access to surrounding amenities and major routes, enhances the property's overall functionality and appeal. Whether you're expanding your portfolio or launching a new venture, this versatile asset offers both immediate usability and long-term upside in one of Peterborough's established commercial corridors.
Sold data
Homes in Peterborough (Town Ward 3) took a median of 24 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 43, across 257 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 47 days.
The median sale price was $579,900.
Homes sold for about 2.5% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 257 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Peterborough (Town Ward 3) has 29 Fraser Institute–rated schools (23 elementary and 6 secondary), averaging 5.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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