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. 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.
Address
45 Munro Street
List Price
$119,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Sale Of Business
Transaction Type
Sale
Area
Carleton Place
Sub-Area
909 - Carleton Place
Region
Lanark
Lot Depth
218.02
Lot Type
Unit
Lot Size Units
Feet
Lot Width
81.44
Parcel Number
051230031
Total Building Area
17319
Occupant Type
Owner
Cross Street
From Hwy 7, Turn right onto Franktown Rd, Continue onto Moore St, Turn right onto Munro St.
Frontage Length
24.82
MLS® Number
X13725762
Listing Brokerage
HOME RUN REALTY INC.
Basement
Yes
Postal Code
K7C 1H6
Parking Spaces
20
Tax Amount
$11,000.00
Tax Year
2026
Standard Status
Active
Board Or Association
Ottawa Real Estate Board
Heat Type
Gas Forced Air Open
Cooling Features
Yes
Garage Type
None
Tax Legal Description
PT LT 13 SEC E PL 230 LANARK N BECKWITH PT 1 26R441, PT 1 26R2897 ; TOWN OF CARLETON PLACE
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