The former Pig’s Ear Tavern building in downtown Peterborough is back up for sale.
The three-storey building at 144 Brock St. — along with two buildings at 458 and 460 George Street North — is listed for $1.7 million.
The listing by David Haacke of DNS Real Estate Limited Brokerage reads “2 Properties sold as one. Great development site for apartments or condo’s in the Downtown core. Current income of $70,900 per year.”
The buildings at 458-460 George Street North are currently occupied by Fab Factory Hair Studio and OMG Oasis Mediterranean Grill. The three properties share a large parking lot.
On April 22, 2017, the Pig’s Ear Tavern closed after 152 years. Paul Dietrich, owner of Parkview Homes, subsequently purchased the building, which was listed for $949,000.
At the time, Parkview Homes also put in an offer for the Black Horse Pub building at 450 George Street North, with the intent of demolishing both buildings for a $20-million residential redevelopment.
However, the Black Horse Pub deal fell through and Desmond Vandenberg purchased that building in May 2018, and continues to operate it as a pub.
In July 2019, Dietrich put on hold his redevelopment plans for the former Pig’s Ear Tavern building, which is currently used as a two-unite apartment building, and stated he had future plans for the property.
