45 MUNRO Street
909 - Carleton Place Lanark K7C 1H6

$1,100,000 /For Sale
Commercial

Main Photo: 45 MUNRO Street in Lanark: 909 - Carleton Place Commercial for sale (Carleton Place)  : MLS®# X9515922
Photo 1: 45 MUNRO Street in Lanark: 909 - Carleton Place Commercial for sale (Carleton Place)  : MLS®# X9515922
Photo 2: 45 MUNRO Street in Lanark: 909 - Carleton Place Commercial for sale (Carleton Place)  : MLS®# X9515922
Photo 3: 45 MUNRO Street in Lanark: 909 - Carleton Place Commercial for sale (Carleton Place)  : MLS®# X9515922
Photo 4: 45 MUNRO Street in Lanark: 909 - Carleton Place Commercial for sale (Carleton Place)  : MLS®# X9515922
Photo 5: 45 MUNRO Street in Lanark: 909 - Carleton Place Commercial for sale (Carleton Place)  : MLS®# X9515922
Photo 6: 45 MUNRO Street in Lanark: 909 - Carleton Place Commercial for sale (Carleton Place)  : MLS®# X9515922
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X9515922
Bus Major:
Restaurant
Attention Investors, Business Owners, Builders and Developers. Prime Land, Property, and Business for Sale! Seize this incredible opportunity to own a profitable, well-established restaurant located in the heart of Downtown Carleton Place. This Famous Asian Fusion restaurant sits on an expansive 81’ x 218’ lot (0.398 acre), offering a unique and rare development potential. Development Potential: This property offers significant potential for redevelopment. With its prime location and generous lot size, there is the possibility to demolish and rebuild, subject to verification with the Town of Carleton place. This opportunity is ideal for investors looking to capitalize on the growth and demand in the area. Business Potential: Take advantage of substantial revenue generated from the high-traffic area (situated on a street corner near Hwy 7) and loyal customer base. The Commercial Structure is about 1,300 SQFT. Turn-key, with training available to ensure a smooth transition.
Property Portion Lease:
Unknown
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Retail Area:
800 sq. ft. Sq Ft
Depth:
218'¼"
Frontage:
81'5"
Water supply:
Municipal
Kitchens in Basement:
0
Kitchens Above Grade:
0
Rooms Above Grade:
0
Rooms Below Grade:
0
Zoning:
C3
Heating type:
Gas Forced Air Open
Roof:
Unknown
Garage:
Unknown
Parking Spaces:
20
Family Room:
No
Possession Details:
TBD
Lot Irregularities:
0
HST Applicable To Sale Price:
Call LBO
Type Taxes:
Unknown
Taxes:
$10,000 / 2024
Assessment:
$- / -
Carleton Place
909 - Carleton Place
Lanark
Unknown
Unknown
Utilities:
Unknown
Special Designation:
Unknown
Sewers:
Unknown
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Gross income:
$300,000
Net Income Before Debt:
$100,000
Expenses Actual/Estimated:
Estimated
Year Expenses:
2024
Business/Building Name:
Fisherman Palace
Major Business Type:
Restaurant
Category:
With Property
Franchise:
No
Hours Open:
n/a
Employees:
5
Chattels:
No
LLBO:
No
Seats:
30
Date Listed:
Jul 03, 2024
Original Price:
$1,100,000
  • Photo 1: 45 MUNRO Street in Lanark: 909 - Carleton Place Commercial for sale (Carleton Place)  : MLS®# X9515922
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  • Photo 2: 45 MUNRO Street in Lanark: 909 - Carleton Place Commercial for sale (Carleton Place)  : MLS®# X9515922
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  • Photo 3: 45 MUNRO Street in Lanark: 909 - Carleton Place Commercial for sale (Carleton Place)  : MLS®# X9515922
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  • Photo 4: 45 MUNRO Street in Lanark: 909 - Carleton Place Commercial for sale (Carleton Place)  : MLS®# X9515922
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  • Photo 5: 45 MUNRO Street in Lanark: 909 - Carleton Place Commercial for sale (Carleton Place)  : MLS®# X9515922
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  • Photo 6: 45 MUNRO Street in Lanark: 909 - Carleton Place Commercial for sale (Carleton Place)  : MLS®# X9515922
    Photo 6 of 6
Listed by HOME RUN REALTY INC.
Data was last updated April 2, 2025 at 04:15 AM (UTC)
Eugine Wong
Jessica Li
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