Carrick-on-Shannon: A Premier Destination for Commercial Real Estate

Introduction

Carrick-on-Shannon, the county town of Leitrim, Ireland, presents a compelling opportunity for commercial real estate (CRE) investment. Known for its vibrant economy and strategic location, this picturesque town serves as a gateway to the northwest region of Ireland. Despite its modest size, Carrick-on-Shannon boasts a robust commercial landscape, driven by sectors such as tourism, retail, and light manufacturing. Its unique positioning along the River Shannon, coupled with a supportive business environment, makes it an attractive destination for CRE professionals.

Economic and Industry Overview

Carrick-on-Shannon's economy is diverse, with significant contributions from tourism, retail, and services sectors. The town's scenic location along the River Shannon has made it a popular tourist destination, which in turn drives demand for retail and hospitality properties. Additionally, the presence of light manufacturing and technology firms contributes to the demand for industrial and office spaces. The Leitrim County Council actively promotes economic development through various initiatives, creating a favorable climate for CRE growth.

Strategic Location and Transportation Infrastructure

Carrick-on-Shannon benefits from excellent transportation links, enhancing its appeal for commercial real estate. The town is well-connected by the N4 national primary road, providing direct access to Dublin and Sligo. It is also served by the Dublin-Sligo railway line, ensuring efficient freight and passenger transport. These logistical advantages make Carrick-on-Shannon a strategic location for distribution centers and businesses reliant on robust transport networks. For more information, visit the Transport Infrastructure Ireland website.

Commercial Real Estate Inventory & Zoning

Carrick-on-Shannon's commercial real estate landscape is characterized by distinct submarkets, including the Central Business District (CBD) and peripheral industrial zones. The CBD offers a mix of retail and office spaces, while the outskirts accommodate industrial and flex properties. Recent zoning updates have introduced incentives for developers, particularly in designated innovation districts. To explore zoning maps and regulations, visit the Leitrim County Council Planning Department.

Major Employers and Institutions

The town hosts several key employers and institutions that drive CRE demand. Notable organizations include Avantcard, a leading financial services company, and the Carrick-on-Shannon Education Centre, which supports local educational initiatives. These institutions, alongside government offices, contribute to the demand for office and mixed-use developments. Explore the Leitrim Business Directory for a comprehensive list of local enterprises.

Notable Commercial Developments & Projects

Carrick-on-Shannon is witnessing several noteworthy commercial developments. The Carrick Business Campus, a mixed-use development, stands out as a significant project blending office, retail, and leisure spaces. Additionally, the town is part of the Border, Midland and Western Regional Assembly, which supports public-private partnerships and Opportunity Zones to stimulate investment. More details can be found on the Planning Department’s page.

Building Permits, Planning, and Development Tools

For real estate developers and investors, Carrick-on-Shannon offers a range of planning and development resources: - Leitrim Planning Department: Provides information on building permits and planning applications. - Leitrim County Council GIS: Offers a parcel map viewer for detailed property insights. - Leitrim Development Code: Access the full development code online.

Market Data & Economic Reports

Public data sets provide valuable insights into Carrick-on-Shannon's CRE market. Explore resources like the Central Statistics Office for demographic and economic data. Brevitas leverages AI-powered aggregation from public data and internal insights to offer comprehensive market analyses. Discover Brevitas-powered dashboards for Carrick-on-Shannon here.

Why Use Brevitas for Carrick-on-Shannon CRE?

Brevitas offers unparalleled tools for discovering and managing CRE opportunities in Carrick-on-Shannon: - AI-driven CRE discovery: Gain insights with real-time market alerts and smart property pages. - Dealroom collaboration: Facilitate seamless communication with brokers and developers. - Exclusive listings: Access premium exposure and auto-generated listing pages. - Marketing tools: Utilize email and landing page tools for effective promotion.

Explore the Brevitas platform to elevate your commercial real estate strategy in Carrick-on-Shannon.