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Investment signal

$675,000

19500 OPEONGO LINE

Save this home

Beds

Baths

4

Sqft

3,622

Year

Type

Retail

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Madawaska Valley. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Prime Commercial Opportunity in Downtown Barrys Bay - Restaurant with Residential Unit! Step into a thriving business opportunity in the heart of Barrys Bay. This updated, turnkey restaurant and residential unit is situated in a prime downtown location, attracting both locals and tourists year-round. PropertyHighlights: Fully Equipped Kitchen, Ready for immediate operation with high-quality appliances and ample prep space. Spacious Dining Area Designed for comfort and versatility, accommodating a variety of seating arrangements to suit your business needs. Charming interior offers a warm and welcoming atmosphere perfect for creating memorable dining experiences. Mixed-Use Flexibility with an attached residential unit, this property offers a unique opportunity for owner-occupancy, staff housing, or additional rental income.Located in the bustling hub of Barrys Bay, this property is surrounded by shops, services, and seasonal attractions, making it an ideal spot for a restaurant venture. Whether you're an aspiring restaurateur or a seasoned professional, this opportunity offers the perfect foundation for a successful business. Don't miss your chance to own a key piece of Barrys Bays vibrant downtown! 24 hour notice for all showings. (id:65958)

Subtype
Retail
Community
570 - Madawaska Valley
Living area
3,622 square feet
Lot size
0.47 acres
Lot dimensions
0.466
Parking
10 total
On market
Apr 16, 2025
Status changed
Apr 24, 2026
Annual tax
$5,200
Zoning
Highway Commercial
Photos
26
MLS#
X12086662
Area
MADAWASKA_VALLEY

Features and systems

Cooling

Fully air conditioned

Lot

Irregular lot size
Negative cash flow ~$763/mo at these assumptions

Cash on cash

-6.78%

Cap rate

3.51%

GRM

16.7

Break-even rent

$4,178

Financing

Down payment$135,000
Loan amount$540,000
Mortgage$2,736/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$309
Insurance$80
Maintenance$563
CapEx reserve$281
Vacancy loss$169

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,736/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.

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