
10470 Highway 7 Highway
Carleton Place, ON
4,200 sqft • Commercial Retail • 403 days on market
Restaurant/Bar on Highway 7, Carleton Place. This is an exceptional opportunity to own a fully equipped and licensed restaurant and bar offering maximum visibility on busy Highway 7 in the fast-growing town of Carleton Place. Situated on a high-traffic corridor and directly connected to a successful 23-room motel, this property benefits from steady customer flow and high daily exposure, making it ideal for any food and beverage concept. The restaurant spans approximately 4200 square feet with a flawless and functional layout. It is licensed for 150 indoor seats plus an additional 60-seat outdoor patio. Inside, the space features a spacious dining area, a dedicated bar, two washrooms for patrons, and a private office. The commercial kitchen is fully equipped and ready for immediate operation. A large pylon sign along the highway ensures excellent visibility for branding, while the expansive on-site parking lot easily accommodates guests and staff alike. Zoned Highway Commercial, there are no restrictions on the type of restaurant or menu, offering ultimate flexibility for operators. Whether you envision a banquet hall, family restaurant, sports bar, fine dining venue, or multicultural eatery, the location and infrastructure are ready to support your vision. The close connection with the adjacent motel creates additional opportunities for breakfast service, room service, catering, and event hosting, making this a multi-revenue stream business. This is a rare turnkey offering in one of Eastern Ontario's most rapidly developing communities.
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Listing Details
- Taxes (2025) — owner
- $20,156
- Originally Listed
- $10,000
- Listed
- July 18, 2025
Price History
Property
- Lot Size
- 250 x 464.59 Feet
Location & Legal
- Cross Street
- HWY 7 in Carleton Place across the street from Esso Gas Station
- Zoning
- Highway Commercial
- Parcel Number
- 051140049
- Possession
- Flexible
Commercial
- Occupancy
- Vacant
- Rental Term
- 60-120 months
Community
Postal area K7C
- Population
- 20,382
- Private dwellings
- 8,631
- Median age
- 44
- Average household size
- 2.4
- Median household income
- $99,000
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.
Listed by
COLDWELL BANKER SARAZEN REALTY
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