45 MUNRO Street

Carleton Place, ON

17,319 sqft
Commercial Retail
74 days on market

$945,000

Attention Investors, Business Owners, Builders & Developers! A rare opportunity to acquire land, building, and a well-established business in the heart of Downtown Carleton Place. This popular Asian fusion restaurant is situated on a prominent corner lot near Highway 7, offering exceptional visibility and steady traffic. The property features a prime 81' x 218' lot (approximately 0.398 acres) with a 1,300 sq. ft. commercial building, presenting outstanding value for both owner-operators and investors. Development Potential: The generous lot size and prime downtown location offer exciting future redevelopment possibilities. Buyers are encouraged to conduct their own due diligence with the Town of Carleton Place regarding zoning, permitted uses, and redevelopment opportunities. Business Opportunity: The sale includes a successful, turnkey restaurant with a loyal customer base and strong local presence. Comprehensive training can be provided to ensure a smooth transition for the new owner. Whether you're looking to continue operating a thriving restaurant, invest in a prime commercial property, or explore future development potential, this is an exceptional opportunity in one of Eastern Ontario's fastest-growing communities.

Listing Details

Taxes (2026): $11,000
Listed: June 26, 2026

Price History

Listing history

Property

Lot Size: 81.44 x 218.02 Feet

Parking

Garage: Unknown

Utilities

Sewer: Unknown

Location & Legal

Cross Street: From Hwy 7, Turn right onto Franktown Rd, Continue onto Moore St, Turn right onto Munro St.
Zoning: C3
Parcel Number: 051230031
Possession: Flexible
Occupancy: Owner

Included

Inclusions: The sale includes all equipments, signage, displays, land and Commercial structure.
Rental Items: N/A

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.

Local market

Commercial in Carleton Place · last 12 months

Median sold price: $565,000
Homes sold: 237
Median days on market: 30
Sale-to-list price: 98.0%

Based on 237 recorded sales of commercial properties in Carleton Place over the last 12 months.

Listed by

HOME RUN REALTY INC.

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Location

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Commercial figures

Building area: 17,319 sq ft
Price per sq ft: $54.56
Annual property tax: $11,000
Tax per sq ft: $0.64

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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