8947 Cavendish Road, Cavendish, PE, C0A 1N0

MLS® # 202620690

Commercial For Sale In Cavendish, Prince Edward Island

$1,250,000

None Beds

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8947 Cavendish Road, Cavendish, PE, C0A 1N0

$1,250,000

Property Information:

Chez Yvonne is an iconic incredible commercial restaurant investment opportunity located in the hart of Cavendish, Prince Edward Island's premier tourist district. This high-visibility property and business is located along a bustling high traffic corridor, directly capturing heavy seasonal foot traffic from nearby beaches, amusement parks and resorts. The versatile layout features a spacious indoor dining area and a large outdoor patio perfect for maximizing summer revenue. Complete with ample on-site parking and functional kitchen infrastructure, this turnkey venue is ideal for high-volume eatery, casual family restaurant, or specialized culinary concept. Licensed with a 2nd level of possibilities and a cottage located directly behind the restaurant for seasonal accommodation.

Property Features:

Annual Tax Amount: $3,408
Building Features: Wheelchair Accessible
Built in: 1968
Construction: Wood Frame
Documents on File: Aerial Photos, Appraisal, Financial Statements
Driveway/Parking: Parking Spaces(s), Visitor Parking
Floor Space (approx): 6414 Square Feet
Flooring: Other
Fuel Type: Electric
Heating/Cooling Type: Forced Air, Heat Pump -Ductless
Property Size: 1 to 2.99 Acres
Rental Equipment: Propane Tank
Roof: Metal
Site Influences: Cleared, Highway Access, Shopping Nearby, High Traffic Location, Cleared, Highway Access, Shopping Nearby, High Traffic Location
Sub-type: Restaurant
Title to Land: Freehold
Utilities: Electrical
Water Source: Municipal, Well

Courtesy of: RE/MAX CHARLOTTETOWN REALTY

Data provided by: Nova Scotia Association of REALTORS® 68 Highfield Park Drive, Suite 112, Dartmouth, Nova Scotia B3A 0E4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

Single family detached

8.98%

Price change (1 year)

57.16%

Price change (5 years)

All Properties

8.98%

Price change (1 year)

57.16%

Price change (5 years)

Location of 8947 Cavendish Road, Cavendish, PE, C0A 1N0

Lifestyle
Neighbourhood

Demographic Information of 8947 Cavendish Road, Cavendish, PE, C0A 1N0

Life Stage

Midlife Families

Employment Type

Mixed

Average Household Income

$118,000.00

Average Number of Children

1.80

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.46 %

High school certificate or equivalent

21.15 %

Apprenticeship trade certificate/diploma

9.62 %

College/non-university certificate

21.15 %

University certificate (below bachelor)

5.77 %

University Degree

28.84 %

Commuter

Travel To Work

By Car

84.62 %

By Public Transit

0.0 %

By Walking

7.69 %

By Bicycle

0.0 %

By Other Methods

7.69 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

Houses

100.0 %

Own Vs. Rent

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Property Information:

Property Features:

Market Price Trends

Single family detached

All Properties

Location of 8947 Cavendish Road, Cavendish, PE, C0A 1N0

Demographic Information of 8947 Cavendish Road, Cavendish, PE, C0A 1N0

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

8947 Cavendish Road, Cavendish, PE, C0A 1N0

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing