2820 COUNTY RD 43 Road, North Grenville - Business for Sale
2820 COUNTY RD 43 Road, North Grenville, Ontario, K0G1J0
This business in North Grenville is for sale offering roughly 3,000 sq ft of space. It has been on the market 8 days, fresher than the North Grenville average of 75 days.
Description
An exceptional opportunity to acquire a well-established commercial building and fully equipped restaurant business in Kemptville, ideally positioned along a prominent commercial corridor experiencing significant residential growth and future infrastructure investment. Impeccably maintained and truly turnkey, the property offers exceptional versatility for an owner-operator, investor, or entrepreneur. The fully equipped commercial kitchen features a large 12-foot hood system, commercial burners and stove, refrigerators, freezers, extensive shelving, and more, while the inviting dining area is furnished with tables, booths, chairs, bar refrigerators, glassware, cutlery, décor, and a POS system. Beyond its current restaurant use, the property offers a multitude of potential commercial uses, subject to zoning and municipal approvals, providing flexibility for conversion to other business concepts. Excellent visibility, convenient access, and plenty of paved on-site parking further enhance the property. Additional features include a 40-seat patio, well-appointed interior dining area, and transferable liquor license, subject to LCBO approval. With established dine-in and take-out traffic, there is significant potential to grow through extended hours, expanded services, catering, delivery, or alternative permitted uses. Future four-lane road expansion further supports the long-term potential of this location. Do not approach staff regarding the sale. All showings are strictly by appointment through the listing agents. Vendor Take-Back (VTB) financing may be available. (id:66096)
Property Details
- MLS®
- X14121762
- Property Type
- Business
- Zoning
- Commercial
- Parking
- 10
- Interior Size
- 3,000 ft²
- Lot Size
- 100 × 95 ft (9,500 sq ft)
- Frontage
- 100 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $7,998/yr
- Listed
- 8 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Active: 8 days on market, against an average age of 75 days across the listings currently for sale in this city
This business in North Grenville has been listed for 8 days, which is 67 days fresher than the city average of 75. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (K0G)
This home lists at $999,000, about 10.6× the local median household income of $94,000.
Carrying it typically needs a household income of about $195,140 (20% down, 25-yr amortization, stress-tested) — roughly 108% above the area median.
- Median household income
- $94,000
- Population
- 39,862
- Median age
- 50.4
- Owner / renter
- 88% / 12%
- Avg. household size
- 2.4
Source: Statistics Canada, 2021 Census (FSA K0G)
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$999,000
North Grenville