For Sale · Office

2820 COUNTY RD 43 ROAD, North Grenville

2820 COUNTY RD 43 ROAD, North Grenville, ON K0G1J0

$999,000 total

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Asset Class

Office

Size

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Building class

C

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

92%

About this property

An exceptional opportunity to acquire a well-established commercial building and fully equipped restaurant business in Kemptville, ideally positioned along a prominent commercial corridor experiencing significant residential growth and future infrastructure investment. Impeccably maintained and truly turnkey, the property offers exceptional versatility for an owner-operator, investor, or entrepreneur. The fully equipped commercial kitchen features a large 12-foot hood system, commercial burners and stove, refrigerators, freezers, extensive shelving, and more, while the inviting dining area is furnished with tables, booths, chairs, bar refrigerators, glassware, cutlery, décor, and a POS system. Beyond its current restaurant use, the property offers a multitude of potential commercial uses, subject to zoning and municipal approvals, providing flexibility for conversion to other business concepts. Excellent visibility, convenient access, and plenty of paved on-site parking further enhance the property. Additional features include a 40-seat patio, well-appointed interior dining area, and transferable liquor license, subject to LCBO approval. With established dine-in and take-out traffic, there is significant potential to grow through extended hours, expanded services, catering, delivery, or alternative permitted uses. Future four-lane road expansion further supports the long-term potential of this location. Do not approach staff regarding the sale. All showings are strictly by appointment through the listing agents. Vendor Take-Back (VTB) financing may be available. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$999K
Down payment30% · $300K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$69K

Annual cash flow

$13K

Cash-on-cash

4.40%

DSCR

1.24

Going-in cap

6.86%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

42,870

Households

16,516

Median income

$79,000

Median age

42.8

Daytime population

59,224

5-yr growth

2.9%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 2820 COUNTY RD 43 ROAD, North Grenville.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.