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$ 180,000
Est. payment | /mo
2 Baths
2,000 SqFt
$ 180,000
Est. payment | /mo
2 Baths
2,000 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $90
Subdivision Downtown
MLS® Listing ID X11958670
Originating Board Toronto Regional Real Estate Board
Property Description
Restaurant Business for Sale at 427 George St N, Peterborough, ON K9H 3R4 This is your chance to own a thriving restaurant in one of the best locations in downtown Peterborough! Prime Location: Situated on the bustling George Street, this restaurant benefits from high visibility and foot traffic. It's located in an area, which attracts regular visitors for cultural events. Cultural Hub: Adjacent to Peterborough's first Indian grocery store and across from a busy Asian grocery store, this location is a central point for diverse communities. Steady Catering Income: Strong partnerships with local cruise groups, lift-lock tours, 60 to 120 guests weekly or biweekly and other local gatherings catering for 150-250. Bar Capacity (AGCO certified) Bar Licensed. Uber eats, Skip the dishes, Doordash and Private ordering Downtown Vibrancy: Located near popular club spots and entertainment venues, making it a perfect dinner destination for locals and visitors alike. Turnkey Opportunity: Fully operational with a loyal customer base and ready for new ownership to step in and grow the business further. Why Buy Here?427 George St N is more than a restaurant; its a cornerstone of a dynamic and diverse downtown community. With steady clientele, cultural significance, and proximity to thriving businesses, this is a rare and valuable investment opportunity. Reason for Sale: Owner is retiring creating a golden opportunity for the next entrepreneur to take over this well-established business. Very low rent. Easy access back door with approved loading zone for trucks and car on ground level Don't miss out. Very low rent. (id:24570)
Location
Province ON
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Sanitary sewer
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
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