Investment Opportunity On Prince Edward Island. Located only minutes from both north & south shore beaches, less than five minutes to the town of Alberton, one hour from the Confederation Bridge & 1.5 hours from the Charlottetown airport. This newly renovated property is ready for you. Featuring 3000 sqft of fully developed rental space. Located on a main high traffic road in western PEI this newly renovated building is waiting for you. Three brand new one bedroom apartments, a retail space with drive through window, separate office and large storage area. Each apartment is ground level accessible with wide doorways, open concept kitchen & living rooms, and has a washer dryer hook up. There is the option for fuel with pumps in place. Environmental assessment completed & passed in 2021. Unlimited potential for more rental income in the next few months. Financing is available (OAC) through preferred PEI commercial mortgage brokers. Enquire for more information. (id:47421)
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Detailed Information
Listing Contract Date
2024-06-14
Municipal ID
591107
Ownership Type
Freehold
Property Type
Retail
Transaction Type
For sale
Zoning Description
Commercial
Business
Business Type
Accommodation, Other, Retail and Wholesale, Residential
Business Subtype
Hotel/motel, Offices, Shopping center, Residential
Building
Constructed Date
1986
Flooring Type
Concrete, Heavy loading
Stories Total
1
Total Finished Area
3000 sqft
Parking Spaces
Name
Spaces
Parking Space(s)
Paved Yard
Visitor Parking
Other
Land
Total Size
2.97
Acreage
Yes
Size of Irregular Land
2.97
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