19 MOORE STREET
Carleton Place, Ontario
MLS® X14168744
$1,399,000
- Status
- Active
- Property type
- Business
- MLS® number
- X14168744
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 21Listing description
SELLER LEASEBACK INVESTMENT OPPORTUNITY - 19 MOORE STREET, CARLETON PLACE! An opportunity to acquire a modern, purpose-built commercial property with a proposed long-term Triple Net (NNN) leaseback to the existing brewery operator. Constructed in 2018, this freestanding commercial building offers approximately 3,238 SF of total space, including a 2,500 SF main level and additional mezzanine space.
The property is currently occupied by BRAUMEISTER, an established craft brewery and taproom business. The seller is prepared to enter into a proposed 10-year NNN leaseback at an initial base rental rate of $28. 00 per square foot, generating $90,664 in potential annual base rental income.
Under the contemplated NNN structure, the tenant would be responsible for property operating expenses in accordance with the final lease terms. Located near the intersection of Moore Street and Lake Avenue West, in proximity to downtown Carleton Place, the property offers convenient access, nine on-site parking spaces, and a building designed to accommodate its existing brewery and taproom operations. An appealing opportunity for investors seeking income-producing commercial real estate with a potential long-term tenant, scheduled rental growth, and ownership of a relatively modern freestanding building.
Sale of the real estate only; the operating brewery business is not included. The proposed leaseback is subject to execution of a mutually acceptable lease agreement. Financial information and lease details are available to qualified purchasers.
Property summary
- MLS® number
- X14168744
- Property type
- Business
- Leasable Area
- 3,238 sq ft
- Land size
- Bldg=173.86 FT ; 1
- Annual property taxes
- $20,691.00
- Parking
- 9 spaces
- Days on market
- 0 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $1,399,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of ROYAL LEPAGE TEAM REALTY, OTTAWA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.