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45 MUNRO Street

45 MUNRO Street

Carleton Place, ON

  • Sale Of Business
  • 796 days on market
$1,100,000

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.

Listing Details

Taxes (2024)
$10,000
Listed
July 3, 2024

Price History

Listing history

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Property

Roof
Unknown
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
Occupancy
Owner

Condo

Pets
Unknown

Commercial

Business Type
Restaurant

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.

Walk Score

86

Walk

72

Bike

Scores by Walk Score®

Commercial figures

Annual property tax
$10,000

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

R

Reita | Assistant

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Reita said:

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