73 Bridge Street, Carleton Place, Ontario, K7C2V4
This retail property in Carleton Place is for sale offering roughly 1,875 sq ft of space. It has been on the market 35 days, fresher than the Carleton Place average of 55 days.
Prime Turnkey Commercial Opportunity in Downtown Carleton Place!Incredible turn-key investment offering a bustling business, prime real estate, and living accommodations all in one package! Situated in a high-foot-traffic location in the heart of downtown Carleton Place, this commercial building features a fully updated, 52-seat restaurant equipped with a newly added large-screen TV and a charm-filled side alleyway with incredible potential for an intimate outdoor dining patio. The fully equipped commercial kitchen includes pizza ovens, a dishwasher, multiple refrigerators, and extensive storage with multiple large chest freezers in the basement.Adding exceptional value, the upper level boasts a bright and spacious 3-bedroom, 1-bathroom apartment-perfect for owner occupancy or generating substantial rental income from a tenant. Complete with a private parking space for 4 vehicles, an outdoor storage shed, and the sale including the turnkey business, building, all furnishings, and restaurant chattels, this complete package offers a seamless transition for an ambitious entrepreneur or savvy investor! (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 35 days on market, against an average age of 55 days across the listings currently for sale in this city
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 retail in Carleton Place has been listed for 35 days, which is 20 days fresher than the city average of 55. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $729,000, about 7.4× the local median household income of $99,000.
Carrying it typically needs a household income of about $142,399 (20% down, 25-yr amortization, stress-tested) — roughly 44% above the area median.
Source: Statistics Canada, 2021 Census (FSA K7C)
Pick a time that suits you. A verified local agent confirms within 24h.
Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.
Inquire about financing →