$649,900
156 Rivington Street
Carp, Ottawa
- 3 bd
- 3 ba
- Row / Townhouse
1 / 24
$990,000
Carp, Ottawa, ON K0A1L0 · MLS® X13632604
An exceptional opportunity to own one of the Village of Carp's most recognizable commercial properties, ideally located in the heart of the village on busy Main Street with excellent visibility and accessibility. This long-established general store has served the Carp community for over 100 years, while the current owner has operated it for more than 16 years and is now preparing for retirement. The business enjoys a loyal customer base, stable revenue, and multiple income streams, making it ideal for owner-operators and investors. The business offers convenience store sales, groceries, beverages, snacks, household essentials, tobacco products, OLG Lottery, and a valid liquor licence. Financial statements are available to qualified buyers upon execution of a Confidentiality Agreement. Inventory is extra and shall be valued at cost on completion. The business may be purchased separately, or together with the property, offering flexibility for different investment strategies. The property sits on a generous lot with a large concrete parking area accommodating approximately 10-12 vehicles. Zoned VM (Village Mixed-Use), it supports a variety of commercial and residential uses with strong long-term investment and redevelopment potential. The upper level features a separate private entrance, four spacious bedrooms, and one full bathroom, suitable for owner occupancy, staff accommodation, professional office use, or a separate residential rental. The current owner has completed substantial capital improvements, including upgrades to the parking area, building systems, flooring, roof, equipment, and other components. Please refer to the attached Feature Sheet for full details. Whether you are seeking a turnkey business, mixed-use income property, owner-occupied commercial opportunity, or future redevelopment site, this rare offering combines an established local business, flexible residential space, excellent exposure, and strong long-term potential in the heart of Carp. (id:65933)
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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025.
Listed by Royal Lepage Team Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.