Added 4 hours ago
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Type: Commercial/Retail
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Property Type: Commercial
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Business Type: Hospitality/Food Related
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Zoning: Commercial
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Age: 51-99 years
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MLS®#: X11958670
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Added: Feb 05, 2025 (4 hours ago)
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Updated:
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Last Checked: 4 hours ago
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Listed By: HOMELIFE TOP STAR REALTY INC.
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-contact us today for more details and to schedule a viewing! Very low rent.
Property
Status: Sale
Type: Hospitality/Food Related
Property Type: Commercial/Retail
Property Type: Retail
Age: 51-99
Area: Peterborough
Community: Downtown
Availability Date: ASAP
Inside
Bathrooms: 2
Air Conditioning: Y
Washrooms: 2
Utilities
Utilities: Available
Building
Basement: Y
Heat Type: Elec Forced Air
Elevator: None
Freestanding: N
Water Supply: Municipal
Parking
Garage Type: None
Fees
Tax Year: 2024
Tax Legal Description: PT LT 1 S OF BROCK ST AND W OF GEORGE ST PL 1 TOWN OF PETERBO
Taxes Type: Annual
Land
Cross Street: GEORGE ST/BROCK ST
Municipality District: Peterborough
Sewer: Sanitary
Lot Depth: 99.97 Feet
Lot Frontage: 20 Feet
Zoning: Commercial
Shipping Doors
Clearing Height (ft): 16
Commercial Specific
Shipping Doors Grade Level: 1
Rail: N
Retail Area: 2000
Retail Area Metric: Sq Ft
Sprinklers: Y
Total Area: 2000
Total Area Metric: Sq Ft
Area Influence: Public Transit
Days Open: 7
Franchise: N
Tangible Property Included: Y
Lot Code: Building
Seats: 90
Financial Statement: Y
ÉÉC Monseigneur-Jamot
Elementary: CatholicQueen Elizabeth Public School
Elementary: PublicImmaculate Conception Catholic Elementary School
Elementary: CatholicArmour Heights Public School
Elementary: PublicKing George Public School
Elementary: PublicSt. Anne Catholic Elementary School
Elementary: CatholicPeterborough Collegiate and Vocational School
Secondary: PublicKenner Collegiate and Vocational Institute
Secondary: PublicHoly Cross Catholic Secondary School
Secondary: CatholicAdam Scott Collegiate and Vocational Institute
Secondary: PublicThomas A Stewart Secondary School
Secondary: PublicSt. Peter Catholic Secondary School
Secondary: Catholic
