19777 Route 2 , Hunter River PE C0A 1N0

Sale $739,900  | 
Listing # 202404307
Listing courtesy of Royal LePage Prince Edward Realty
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Listing courtesy of: 

ROYAL LEPAGE PRINCE EDWARD REALTY

Agent

Omid Talebi

Real Estate Representative


Mobile: 902.393.9155

omidtalebi19@gmail.com
Agent Photo

Kally Thorsteinson


Mobile: 250.306.1047

kallythor@royallepage.ca
For more information, please contact:

Royal LePage Prince Edward Realty, Brokerage (Independently owned and operated)

Brokerage

1 - 87 John Yeo DR
Charlottetown,  PE C1E 3J3

Phone: 902.628.6500
princeedward@royallepage.ca

Remarks:

19777 Route 2!...Introducing an exceptional investment opportunity nestled in the heart of Hunter River, this mixed-use commercial property boasts a total of 5000 sq. ft. The versatile space includes commercial and office areas, along with three rental units, ensuring a dynamic income stream. Originally leased by Subway, the commercial space, spanning approximately 2000 sq. ft., is now available for the next lucrative business venture. The property's mixed-use commercial zoning provides flexibility for various enterprises, capitalizing on its prime location and high exposure. The three rental units, featuring 2 three-bedroom and 1 two-bedroom units, are fully occupied, offering a steady income. Each unit is equipped with a heat pump, ensuring comfort for tenants. Additionally, a shared laundry facility enhances the property's convenience and desirability. A testament to modernization, the building underwent extensive renovations in 2017 and it was completely gutted. new windows, doors, trims, steel roof, all flooring, heat pumps and the list goes on. These improvements not only enhance the property's aesthetic appeal but also contribute to its long-term durability and low maintenance. Strategically positioned in a location with high visibility, this investment property presents an excellent opportunity for those seeking a blend of commercial and residential income. With a solid rental history and recent renovations, it stands as a sound investment choice in the vibrant community of Hunter River. All measurement are approximate and should be verified by the purchaser.

Commercial : Other

Lot Size: 0.19 acre
Floor Space (approx): 5000 Square Feet
Built in: 1952

Property Features:

Driveway/Parking: Parking Spaces(s) , Paved , Visitor Parking
Flooring: Other
Fuel Type: Electric
Heating/Cooling Type: Heat Pump -Ductless
Property Size: Under 0.5 Acres
Rental Equipment: None
Roof: Steel
Sub-type: Restaurant
Title to Land: Freehold
Utilities: Sewer
Water Source: Well