427 George St. N ST Active Save Request In-Person Tour Request Virtual Tour
Peterborough,ON K9H 3R4
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $90
Subdivision Downtown
MLS Listing ID X11958670
Tax Year 2024
Property Sub-Type Sale Of Business
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.
Location
Province ON
County Peterborough
Community Downtown
Area Peterborough
Interior
Cooling Yes
Exterior
Community Features Public Transit
Utilities Available Available
Lot Frontage 20.0
Lot Depth 99.97
Others
Security Features Yes