1200 Lansdowne Street
Peterborough, ON
- 2,515 sqft
- Sale Of Business
- 65 days on market
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.
Listing Details
- Taxes (2026)
- $5,537
- Listed
- July 4, 2026
Price History
Parking
- Garage
- Plaza
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Lansdownne St W/ The Parkway
- Zoning
- Commercial
- Possession
- Immediate
- Occupancy
- Owner
Commercial
- Business Type
- Restaurant
- Office / Apartment Area
- 50 Sq Ft
Included
- Inclusions
- All restaurant equipment fixture, all electrical light fixture, and all items permanently attached to the floor; walls or structure.
Community
Postal area K9J
- Population
- 44,547
- Private dwellings
- 19,998
- Median age
- 44
- Average household size
- 2.3
- Median household income
- $72,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Peterborough · last 12 months
- Median sold price
- $555,500
- Homes sold
- 1,056
- Median days on market
- 24
- Sale-to-list price
- 97.2%
Based on 1,056 recorded sales of commercial properties in Peterborough over the last 12 months.
Listed by
RE/MAX CROSSROADS REALTY INC.
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 2,515 sq ft
- Price per sq ft
- $39.36
- Annual property tax
- $5,537
- Tax per sq ft
- $2.20
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?