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10470 Highway 7 Highway

10470 Highway 7 Highway

Carleton Place, ON

4,200 sqft • Commercial Retail • 403 days on market

$9,000/moFor LeasePrice reduced 10%

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

Walk Score

50

Walk

57

Bike

Scores by Walk Score®

Location

R

Reita | Assistant

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