Attention investors, builders, and renovators! This is a rare opportunity to get into downtown Peterborough at an exceptional price point. This property represents outstanding value for those looking to capitalize on one of the city's most convenient locations. Situated in the heart of downtown Peterborough, 239 Lake Street offers easy access to all the amenities the city has to offer. Shopping, dining, parks, and transit are all just minutes away. The walkability and central location make this an ideal spot for a future rental property, a personal residence, or a redevelopment project. Whether your vision is to renovate and flip, tear down and build new, or invest in the land value itself, this property gives you the flexibility to explore your options. At this price, the potential upside is significant for the right buyer with a plan. This is not your typical move-in ready listing. This is a chance to get your foot in the door in a prime Peterborough location at a price you won't see again. Opportunities like this don't come along often and they don't last long!