697 Principale Street, Casselman - Business for Sale
697 Principale Street, Casselman, Ontario, K0A1M0
This business in Casselman is for sale offering roughly 700 sq ft of space. It has been on the market 56 days, fresher than the Casselman average of 68 days.
Description
Own a fully equipped restaurant in the heart of Casselman for a fraction of the cost of starting from scratch! Situated on Principale Street justminutes from Highway 417, this turnkey business opportunity includes all restaurant equipment, fixtures, furnishings, and inventory required tobegin operations immediately. Featuring seating for approximately 20 patrons, excellent street exposure, and easy access for both localresidents and highway traffic, this location is ideal for a variety of restaurant concepts. The existing franchise is not included in the sale, givingthe new owner complete flexibility to create their own brand and vision. A rare opportunity to step into a ready-to-operate restaurant in one ofEastern Ontario's growing communities. (id:66096)
Property Details
- MLS®
- X13759688
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Interior Size
- 700 ft²
- Frontage
- 54 ft
- Building Area
- 700 ft²
- Heating
- Baseboard heaters
- Cooling
- Fully air conditioned
- Listed
- 56 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 56 days on market, against an average age of 68 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 98.0 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Casselman has been listed for 56 days, which is 12 days fresher than the city average of 68. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (K0A)
This home lists at $59,990, about 0.5× the local median household income of $115,000.
Carrying it typically needs a household income of about $11,718 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $115,000
- Population
- 111,626
- Median age
- 44
- Owner / renter
- 87% / 13%
- Avg. household size
- 2.6
Source: Statistics Canada, 2021 Census (FSA K0A)
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$59,990
Casselman