427 George St. N ST Active

Peterborough,ON K9H 3R4

$ 180000

- Bed

2 Baths

2000 SqFt


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

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