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501 TOWERHILL ROAD, Peterborough (Downtown), Ontario, K9H 7S3

MLS® # X8434568
Commercial For Sale In Peterborough (Downtown), Ontario
$587,000
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
501 Towerhill Road, Peterborough (Downtown), ON
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ACTIVE
501 TOWERHILL ROAD, Peterborough (Downtown), Ontario, K9H 7S3
$587,000

Property Information:

This business, under family ownership since 2009, is a prime opportunity poised for immediate profitability. Situated in a bustling plaza in a burgeoning neighborhood, it has weathered economic challenges, proving its resilience. With indoor and outdoor seating, including a stellar patio, attracting a diverse crowd. Securing the lease until 2030 with favorable terms adds to its appeal, with the flexibility to adjust the menu and pricing.It's a thrilling prospect waiting for the right investor to seize. The seller is committed to facilitating a seamless transition, offering training to ensure buyers hit the ground running and a fully trained staff allowing new ownership to turn key and start profiting. Extensive updates have been made, with all equipment owned and in excellent condition, valued at over $150,000 and some still under warranty. Low rent and franchise fees further sweeten the deal. Ample parking and easy accessibility enhance its appeal, while the meticulously organized and clean environment, along with well-trained staff, ensure a top-notch experience for regular and repeat customers. Recent replacements of HVAC and major equipment, coupled with high-end security systems, underscore the business's commitment to quality and safety. **EXTRAS** Presenting a rare chance to acquire a turnkey Wild Wing franchise nestled in a prime location. This thriving business is not just successful; it's a testament to organization, strategic placement, and unwavering appeal. (id:27)

Building Features:

  • Style: Business
  • Air Conditioning: Yes
  • Heating Type: Other
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Business
  • Bathrooms: 3
  • Amenities Nearby: Highway, Public Transit
  • Zoning: C

Courtesy of: TFG REALTY LTD.

REALTOR.ca  

Location of 501 TOWERHILL ROAD, Peterborough (Downtown), Ontario, K9H 7S3

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

33 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

33 hot days expected in 2050

50/100

Moderate

ClimateCheck®

Current data

This property, 501 TOWERHILL ROAD , experiences 7 hot days per year at around 30.5 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 33 hot days at 34.1 degrees Celsius.

Projected Avg. Temperature

Past
30.5℃
2050
34.1℃

# Hot Days Per Year

Past
7
2050
33

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

61/100

Moderate-High

ClimateCheck®

Current data

This property, 501 TOWERHILL ROAD , experiences 11 significant 2-day storms per year, with about 306.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 382.3mm of precipitation per year.

Precipitation Per Storm

Past
306.1mm
2050
382.3mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 501 TOWERHILL ROAD, Peterborough (Downtown), Ontario, K9H 7S3

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$107,273.53

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.28 %

High school certificate or equivalent

32.57 %

Apprenticeship trade certificate/diploma

5.16 %

College/non-university certificate

25.28 %

University certificate (below bachelor)

1.83 %

University Degree

20.88 %

Commuter

Travel To Work

By Car

92.24 %

By Public Transit

2.3 %

By Walking

3.59 %

By Bicycle

0.79 %

By Other Methods

1.08 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

5.09 %

Houses

94.91 %

Own Vs. Rent