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$1,100,000
Available - For Sale
Listing ID: X9515922
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.
Price $1,100,000
Taxes: $10,000
Occupancy by: Owner
Address: 45 MUNRO St , Carleton Place, K7C 1H6, Ontario
Postal Code: K7C 1H6
Province/State: Ontario
Legal Description: PT LT 13 SEC E PL 230 LANARK N BECKWITH
Lot Size: 81.44 x 218.02 (Feet)
Directions/Cross Streets: From Hwy 7, Turn right onto Franktown Rd, Continue onto Moore St, Turn right onto Munro St.
Zoning: C3
Category: With Property
Use: Restaurant
Business/Building Name: Fisherman Palace
Gross Income/Sales: $300000
Net Income Before Debt: $100000
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HOME RUN REALTY INC.

45 MUNRO St , Carleton Place, K7C 1H6, Ontario


 
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At a Glance:
Type: Com - Sale Of Business
Area: Lanark
Municipality: Carleton Place
Neighbourhood: 909 - Carleton Place
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Lot Size: 81.44 x 218.02(Feet)
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Tax: $10,000
Maintenance Fee: $0
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