8 ASA STREET, North Grenville

$2,095,000

For sale: Other

Other at 8 ASA STREET, North Grenville
Property type
Commercial Retail
MLS®
MLS® X12652392
Neighbourhood
801 - Kemptville

Prime commercial restaurant building in the heart of historic downtown Kemptville. This 4,000 sq. ft. property was completely renovated just two years ago and purpose-built into a modern, high-performing restaurant facility. The renovation encompassed all major systems and finishes, resulting in a turnkey asset designed for efficiency, durability, and long-term operation.The building features a professionally designed commercial kitchen, spacious dining areas licensed for 104 seats, and a highly desirable 36-seat patio. The layout supports smooth workflow, high-volume service, and multiple service styles, making it adaptable for a wide range of restaurant or hospitality concepts. Currently, the building successfully accommodates two established restaurant brands operating from a single kitchen, clearly demonstrating the flexibility and earning potential of the space. Located in a rapidly growing community with a strong demand for quality dining, this property represents a rare opportunity to acquire a recently renovated restaurant building in a prime downtown setting.An ideal offering for owner-operators or investors seeking a proven, turnkey restaurant property with immediate income potential. Business included.

Sold data

Homes in North Grenville — recent sold market

Homes in North Grenville took a median of 31 days to sell over the last 90 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 60, across 77 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.

The median sale price was $599,900.

Homes sold for about 1.7% below asking on average, so there was room to negotiate.

About 9% of sales closed above the list price.

Around 26% of sellers reduced their price before finding a buyer.

Median days to sell
31
Median sale price
$599,900
Sale-to-list ratio
98.3%
Sold above asking
9%

Based on 77 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 8 ASA STREET