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Renanza Realty
For sale

1200 LANSDOWNE STREET W

Peterborough (Otonabee Ward 1), Ontario

MLS® X13523476

$99,000

Status
Active
Property type
Business
MLS® number
X13523476
Bedrooms
Bathrooms
Year built

Listing description

A rare opportunity! Own a well-established Chinese restaurant with over 20 years of successful operation and an outstanding reputation in the community. Featuring approximately 100 seats, buffet area, and eligibility for a liquor licence, this fully equipped turnkey business is ready for immediate operation.

Enjoy a loyal customer base, strong and consistent sales, ample on-site parking for customers' convenience. There is tremendous potential for future growth by expanding online ordering and delivery services through platforms such as Uber Eats, DoorDash, Skip. The owner is retiring after many successful years, creating an exceptional opportunity for an ambitious owner-operator or investor to take this thriving business to the next level.

Don't miss this exceptional opportunity to own a profitable, long-established restaurant with unlimited growth potential. The buyer will have the opportunity to enter into a new lease with the landlord, subject to the landlord's approval.

Property summary

MLS® number
X13523476
Property type
Business
Square footage
2,515 sq ft
Annual property taxes
$5,536.65
Days on market
58 days

Features & details

Heating
Forced air, Natural gas
Cooling
Fully air conditioned

What would this home cost you?

Based on the $99,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$461 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX CROSSROADS REALTY INC., MARKHAM.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.