28 COLBORNE St
$799,000
$799,000

28 COLBORNE St

818 - Rideau Lakes (Bastard) Twp, Rideau Lakes, Leeds & Grenville $799,000

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10560.00 Sq Ft
Parking for 3
Grocery/Supermarket
Zoning: Local Commercial
MLS®#:
X9515967
Property Type:
Sale Of Business
Property Style:
Area:
Leeds & Grenville
Community:
818 - Rideau Lakes (Bastard) Twp
Taxes:
$9,150 / 2023
Added:
Lot Frontage:
113.64
Lot Depth:
209.20
Status:
Active
Outside:
Year Built:
Brokerage:
COLDWELL BANKER FIRST OTTAWA REALTY
Lot (Feet):

209

113

BIG LOT

Lot Irregularities:
0
Intersection:
From Ottawa, Hwy 417. Exit Hwy 7. At Carleton Place left on Hwy 15 to Portland. Right Main St. Property fronts Hwy 15, Main St and Colborne St. From Kingston, east Hwy 401. North on Hwy 15. At Portland, property fronts Hwy 15, Main St & Colborne St.
Rooms:
Bedrooms:
Bathrooms:
Fireplace:
Utilities
Water:
Well
Cooling:
Heating Type:
Heating Fuel:

Listing Details

Grocery store with 10,500 sq ft and exposure on three roads. This store is located in the popular tourist destination of Portland Village, on shores of Big Rideau Lake with attractions such as swimming beaches, boat launches, houseboat rentals, Conservation Area and restaurants. The store has high visibility and signage on busy Hwy 15 that is major traffic route. Inside is 4,500sf grocery section plus deli, bakery, offices, loading dock and basement storage areas. Store also has half an acre, to grow your own produce. Fully equipped with all that you need to operate a one-stop shop, with large prep areas and lotto sales. All equipment included. Opportunity to improve profits with modernizing and increasing sales of local crafts, specialties and gourmet items. Electrical panels 1000 amps. Plenty of street parking available. Zoning is Local Commercial which allows for many uses. A gem with immense business potential, especially since nearest grocery store competitor is 15 min drive away.

Insights

  1. Prime Location: Situated in the popular tourist destination of Portland Village, this grocery store benefits from high visibility and traffic exposure on busy Hwy 15, making it an ideal spot for attracting customers year-round.
  2. Growth Potential: With the opportunity to modernize and expand product offerings, including local crafts and gourmet items, there is significant potential to increase sales and profitability, especially given the absence of nearby competitors.
  3. Ample Space and Facilities: The property includes 10,500 sq ft of space with a fully equipped grocery section, deli, bakery, and additional storage areas, along with half an acre of land for growing produce, providing a versatile setup for diverse business operations.

Neighbourhood

Schools, amenities, travel times, and market trends near 28 COLBORNE St
Schools

2 public & 3 Catholic schools serve this home. Of these, 5 have catchments.

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818 - Rideau Lakes (Bastard) Twp home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in 818 - Rideau Lakes (Bastard) Twp
100%
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)