Attention Investors, Business Owners, Builders and Developers. Prime Land, Property, and Business for Sale! Seize this incredible opportunity to own a profitable, well-established restaurant located in the heart of Downtown Carleton Place. This Famous Asian Fusion restaurant sits on an expansive 81' x 218' lot (0.398 acre), offering a unique and rare development potential. Development Potential: This property offers significant potential for redevelopment. With its prime location and generous lot size, there is the possibility to demolish and rebuild, subject to verification with the Town of Carleton place. This opportunity is ideal for investors looking to capitalize on the growth and demand in the area. Business Potential: Take advantage of substantial revenue generated from the high-traffic area (situated on a street corner near Hwy 7) and loyal customer base. The Commercial Structure is about 1,300 SQFT. Turn-key, with training available to ensure a smooth transition.
PT LT 13 SEC E PL 230 LANARK N BECKWITH PT 1 26R441, PT 1 26R2897 ; TOWN OF CARLETON PLACE
Occupancy
Owner
Possession Date
TBD
Taxes (2024)
$10,000
Directions/Cross Streets
From Hwy 7, Turn right onto Franktown Rd, Continue onto Moore St, Turn right onto Munro St.
Neighbourhood
909 - Carleton Place
Area
Lanark
Price History
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Lot
81.44 x 218.02 ft
Retail Area
800 ft2
Air Conditioning
Y
Basement
Y
Chattels
N
Parking Spaces
20
Hours Open
n/a
LLBO
N
Employees
5
Heat Type
Gas Forced Air Open
Financial Statement
N
Gross Income/Sales
$300,000
Net Income Before Debt
$100,000
Year Expenses
$2,024
Expenses Actual/Estimated
Est
Seats
30
Water
Municipal
Zoning
C3
Seller Property Info Statement
N
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