19 MOORE ST, Carleton Place, ON K7C 2R4
19 MOORE ST, Carleton Place, ON K7C 2R4
19 MOORE ST, Carleton Place, ON K7C 2R4
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$1,399,000
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3,238 SqFt
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19 MOORE ST Carleton Place, ON K7C 2R4

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Jasmine Lee

Jasmine Lee

+1(416) 875-4880

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 3,238 sqft

Price per Sqft $432

Subdivision 909 - Carleton Place

MLS Listing ID X14168744

Annual Tax Amount $20,691

Tax Year 2025

Property Sub-Type Investment

Property Description

SELLER LEASEBACK INVESTMENT OPPORTUNITY - 19 MOORE STREET, CARLETON PLACE! An opportunity to acquire a modern, purpose-built commercial property with a proposed long-term Triple Net (NNN) leaseback to the existing brewery operator. Constructed in 2018, this freestanding commercial building offers approximately 3,238 SF of total space, including a 2,500 SF main level and additional mezzanine space. The property is currently occupied by BRAUMEISTER, an established craft brewery and taproom business. The seller is prepared to enter into a proposed 10-year NNN leaseback at an initial base rental rate of $28.00 per square foot, generating $90,664 in potential annual base rental income. Under the contemplated NNN structure, the tenant would be responsible for property operating expenses in accordance with the final lease terms. Located near the intersection of Moore Street and Lake Avenue West, in proximity to downtown Carleton Place, the property offers convenient access, nine on-site parking spaces, and a building designed to accommodate its existing brewery and taproom operations. An appealing opportunity for investors seeking income-producing commercial real estate with a potential long-term tenant, scheduled rental growth, and ownership of a relatively modern freestanding building. Sale of the real estate only; the operating brewery business is not included. The proposed leaseback is subject to execution of a mutually acceptable lease agreement. Financial information and lease details are available to qualified purchasers.

Location

Province ON

County Lanark

Area Lanark

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 173.86

Others

ParcelsYN No

Listed by ROYAL LEPAGE TEAM REALTY

NEARBY SCHOOL & BUSINESS

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Jasmine Lee

Jasmine Lee

Real Estate Broker & Team Leader License ID: 9517861

+1(416) 875-4880

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