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Renanza Realty
For sale

45 MUNRO STREET

Carleton Place, Ontario

MLS® X13725762

$119,000

Status
Active
Property type
Business
MLS® number
X13725762
Bedrooms
Bathrooms
Year built

Listing description

BUSINESS FOR SALE! Well-established and popular Asian fusion restaurant located in the heart of Downtown Carleton Place, situated on a prominent corner lot near Highway 7 with excellent visibility and strong exposure to passing traffic. The property features an approximately 81' x 218' lot (0.

398 acres) and a 1,300 sq. ft. commercial building.

The sale includes a successful, turnkey restaurant operation with an established customer base and strong presence in the local community. All restaurant equipment, signage and displays are included, providing an excellent opportunity for a new owner to take over and continue the existing operation. Comprehensive training can be provided to facilitate a smooth transition.

Ideal for an owner-operator or entrepreneur looking to acquire an established restaurant business in a high-visibility location. Please contact the Listing Agent for further information and to arrange a private site visit. A signed Confidentiality Agreement is required before any financial information regarding the business will be released.

Please do not approach or communicate with the restaurant's employees directly. Lease Term: The parties agree to a flexible lease term of 3 to 5 years, with the final term to be mutually agreed upon and documented in the lease agreement. Rent: The monthly rent for the first year shall be $3,000.

00 per month, subject to an annual rent increase as agreed upon by the parties. Property Taxes, Insurance and Utilities: The TENANT shall be responsible for payment of all property taxes, property insurance, and all utilities and services associated with the property throughout the term of the lease. Repairs and Maintenance: The LANDLORD shall be responsible for major structural and exterior repairs to the property, including, but not limited to, the roof, foundation, and exterior walls.

All other routine repairs, maintenance, upkeep, and operating costs related to the property shall be the responsibility of the TENANT.

Property summary

MLS® number
X13725762
Property type
Business
Square footage
17,319 sq ft
Land size
Unit=81.44 x 218.02 FT ; 0
Annual property taxes
$11,000.00
Parking
20 spaces
Days on market
22 days

Features & details

Heating
Forced air, Natural gas
Cooling
Fully air conditioned

What would this home cost you?

Based on the $119,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$554 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of HOME RUN REALTY INC., KANATA.

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.