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$ 1,700,000

359 FRANKTOWN ROAD, Carleton Place, ON, K7C 2N4

Listing ID# 1043802
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$ 1,700,000

  • 359 FRANKTOWN ROAD
    Carleton Place, ON K7C 2N4
  • Listing ID 1043802
  • Building Type: Retail
  • Status: For Sale/Active
  • Days on Market: 277
  • Rooms: 0

Property Description

Over 10 acres of HIGHWAY COMMERCIAL zoned real estate. Permitted uses include a full range of retail commercial uses, including anchor stores such as supermarkets, department stores, apparel, home furnishings and building materials, automotive uses, drug and cosmetic, retail and service commercial uses directed to the traveling public, movie theaters and other entertainment type uses as well as hotels and motels. The most prized commercial real estate in Carleton Place. This property is part of a land assembly that is approximately 14 acres (most of the N/E corner of HWY 7 & 15) for $4 million. Carleton Place is projected to have a population growth of approximately 9,000 over the next 20 years. That will almost double the current population of roughly 10,000 people. There's an old expression that says "the best time to plant a tree was twenty years ago, the second best time is now". Don't be that person 20 years from now saying "I could have bought that corner for $4 million."



Listing courtesy of CENTURY 21 EXPLORER REALTY INC.