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:28469)
Facts & features
Property
MLS® Number
X13842336
Property Type
Retail
Community Name
909 - Carleton Place
Equipment Type
Water Heater
Rental Equipment Type
Water Heater
Building
Cooling Type
Fully Air Conditioned
Heating Fuel
Natural Gas
Heating Type
Forced Air
Size Exterior
1875 Sqft
Size Interior
1,875 Sqft
Utility Water
Municipal Water
Land
Acreage
No
Size Depth
104 Ft ,10 In
Size Frontage
30 Ft ,6 In
Size Irregular
Bldg=30.5 X 104.9 Ft
Size Total Text
Bldg=30.5 X 104.9 Ft
Zoning Description
Commercial
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Cost of ownership
Est. monthly payment
$3,228/mo
Ontario land transfer tax
$11,055 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.