$949,900
McNab/Braeside
1716 Calabogie Road, McNab/Braeside, Ontario, K0J1G0
This retail property in McNab/Braeside is for sale offering roughly 1,920 sq ft of space. It has been on the market 27 days, fresher than the McNab/Braeside average of 107 days.
Exceptional opportunity to own a highly visible 1.818-acre commercial property in the heart of Burnstown! With approximately 366 feet of frontage on Calabogie Road, General Commercial (GC) zoning, and two separate entrances, this property offers an attractive combination of land, exposure, existing commercial and residential space, income potential, and possible future development opportunities. Situated directly across from the popular Neat Café and just a short drive to the town of Calabogie, the property benefits from Burnstown's charm, established community, and proximity to year-round recreation and tourism destinations throughout the Ottawa Valley.The existing two-storey mixed-use building offers approximately 1,920 sq. ft. of finished space, including recently improved ground-floor commercial space (approx. 920 sq. ft.), currently fitted and equipped as an ice cream parlour/retail store. The bright commercial area features large windows and two 2-piece bathrooms, while both floors benefit from cozy fireplaces. The second level contains a two-bedroom, one-bathroom residential apartment, providing rental income or an opportunity for an owner-operator to potentially live and work on the property. The property also includes a separate, substantial three-season building offering additional flexibility and potential uses.Additional seasonal rental income is currently generated through a portion of the property leased to a chip truck operation during the warmer months, as well as space rented weekly to the local Farmers' Market during the summer.Beyond its existing improvements and income streams, the property's substantial commercially zoned land presents a variety of possibilities for an owner-operated business, mixed-use investment, live/work arrangement, or potential future development, subject to applicable zoning requirements and municipal approvals. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 27 days on market, against an average age of 107 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 66 days on the market over the past year, against a median of 48 days across the markets we publish.
This retail in McNab/Braeside has been listed for 27 days, which is 80 days fresher than the city average of 107. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $949,900, about 12.5× the local median household income of $76,000.
Carrying it typically needs a household income of about $185,549 (20% down, 25-yr amortization, stress-tested) — roughly 144% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0J)
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