$399,900

Excellent 7,344 sq ft vacant building lot located on Bridge Street, a main arterial route in the Town of Carleton Place. This centrally located property offers outstanding visibility and is surrounded by a mix of residential and commercial uses, making it well suited for a variety of development or investment opportunities. The property is situated within the Mississippi Transitional Development Permit Area, a designation intended to support the expansion of mixed commercial and residential uses and provide a transition between Downtown Carleton Place and the Highway 7 & 15 commercial corridor. The lot has its own driveway and is fully enclosed by neighbouring properties, creating a clearly defined development footprint within an established urban streetscape. Buyers to conduct their own due diligence with the Town of Carleton Place regarding permitted uses, servicing, and specific development potential. Zoning permits a broad range of uses including multi-residential, offices, retail, personal service businesses, restaurants, clinics and accessory residential uses to non-residential development, subject to Town approvals. Development standards are designed to evolve into a secondary hub of mixed commercial and residential activity. Zoning allows for higher efficiency site planning, making the property well-suited for infill development, mixed-use projects, or commercial investment. An excellent opportunity to acquire a main street infill lot in a fast-growing community with strong demand for both residential and commercial space. Municipal services available. An easy 20 min commute to Kanata.