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344 University Avenue, Charlottetown, PE, C1A 4M7

MLS® # 202312904
Commercial For Sale In Spring Park, Charlottetown, Prince Edward Island
$409,000
344 University Avenue, Charlottetown, PE
344 University Avenue, Charlottetown, PE
344 University Avenue, Charlottetown, PE
344 University Avenue, Charlottetown, PE
344 University Avenue, Charlottetown, PE
344 University Avenue, Charlottetown, PE
344 University Avenue, Charlottetown, PE
344 University Avenue, Charlottetown, PE
344 University Avenue, Charlottetown, PE
344 University Avenue, Charlottetown, PE
344 University Avenue, Charlottetown, PE
344 University Avenue, Charlottetown, PE
344 University Avenue, Charlottetown, PE
344 University Avenue, Charlottetown, PE
344 University Avenue, Charlottetown, PE
344 University Avenue, Charlottetown, PE
344 University Avenue, Charlottetown, PE
344 University Avenue, Charlottetown, PE
344 University Avenue, Charlottetown, PE
344 University Avenue, Charlottetown, PE
344 University Avenue, Charlottetown, PE
344 University Avenue, Charlottetown, PE
344 University Avenue, Charlottetown, PE
344 University Avenue, Charlottetown, PE
344 University Avenue, Charlottetown, PE
344 University Avenue, Charlottetown, PE
344 University Avenue, Charlottetown, PE
344 University Avenue, Charlottetown, PE
344 University Avenue, Charlottetown, PE
344 University Avenue, Charlottetown, PE
344 University Avenue, Charlottetown, PE
344 University Avenue, Charlottetown, PE
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ACTIVE
344 University Avenue, Charlottetown, PE, C1A 4M7
$409,000

Property Information:

This is an excellent location for an opportunity to own a Charlottetown Commercial property, currently used as a retail shop and previously used as a Yoga and dance studio. With its MUC zoning has so many permitted uses and endless possibilities (see list attached). This is a high traffic location with tons of visual exposure, close to shopping, public transit, and popular restaurants. There is also a convenient customer parking lot located at the back with wheelchair access. This building has a designated entry way/mud room, office space, 2 bathrooms, additional storage/office space, and the 25.1x21.1 main studio. The studio has lots of lighting and natural light from the two large front windows which the front windows are double pane with the outer pane being safety glass, which dramatically cuts down on street noise, hardwood flooring, and wired for speakers. Opportunities like this don't come around often, don’t miss out on your chance to make this location your own successful business!

Property Features:

  • Building Amenities: Air Conditioning, Security System, Air Conditioning, Security System
  • Building Features: Wheelchair Accessible
  • Built in: 1993
  • Construction: Wood Frame
  • Driveway/Parking: Gravel, Parking Spaces(s), Single
  • Fire Protection: Smoke Detector
  • Floor Space (approx): 735 Square Feet
  • Flooring: Wood, Other
  • Fuel Type: Electric
  • Heating/Cooling Type: Baseboard, Heat Pump -Ductless, Other
  • Lot Size: 0.099 Acres
  • Property Size: Under 0.5 Acres
  • Rental Equipment: None
  • Roof: Steel
  • Site Influences: Cleared, Shopping Nearby, Visual Exposure, High Traffic Location, Cleared, Shopping Nearby, Visual Exposure, High Traffic Location
  • Sub-type: Other
  • Title to Land: Freehold
  • Utilities: Electrical, Telephone
  • Water Source: Municipal

Courtesy of: COLDWELL BANKER/PARKER 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

Location of 344 University Avenue, Charlottetown, PE, C1A 4M7

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Significant

32 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: Significant

32 hot days expected in 2050

36/100

Significant

ClimateCheck®

Current data

This property, 344 University Avenue , experiences 7 hot days per year at around 27.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 32 hot days at 30.7 degrees Celsius.

Projected Avg. Temperature

Past
27.6℃
2050
30.7℃

# Hot Days Per Year

Past
7
2050
32

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

71/100

ClimateCheck®

Current data

This property, 344 University Avenue , experiences 11 significant 2-day storms per year, with about 361.3mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 460.9mm of precipitation per year.

Precipitation Per Storm

Past
361.3mm
2050
460.9mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 344 University Avenue, Charlottetown, PE, C1A 4M7

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$72,964.41

Average Number of Children

1.57

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.37 %

High school certificate or equivalent

29.87 %

Apprenticeship trade certificate/diploma

4.91 %

College/non-university certificate

21.59 %

University certificate (below bachelor)

1.54 %

University Degree

20.99 %

Commuter

Travel To Work

By Car

69.86 %

By Public Transit

3.27 %

By Walking

20.83 %

By Bicycle

0.0 %

By Other Methods

6.03 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

53.68 %

Houses

45.93 %

Own Vs. Rent