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609 MAIN Street, Cornwall, PE, C0A 1H0

MLS® # 202527864
Commercial For Sale In Cornwall, Prince Edward Island
$1,250,000

None Beds

609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
609 Main Street, Cornwall, PE
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609 MAIN Street, Cornwall, PE, C0A 1H0
$1,250,000

Property Information:

COMMERCIAL PROPERTY in the busy town of Cornwall, PEI. This property is very well maintained, consisting of four main floor units, and a full basement unit. All units are fully rented, with leases in place. Total rentable space on the main floor and basement are 3,800 sq ft each floor. This property has excellent road frontage exposure, large backlit signage, and ample parking at the front of the building. The Robins drive through is directly behind the building, and below at the basement entry there is generous parking space as well. Recent upgrades to the property include new exterior paint, refreshed parking lot paint, new backlit signage, new asphalt (5 years) and a new propane boiler (5 years). Owner is willing to stay on as a continuing property manager. This commercial property offers an excellent investment, in a prime location. The town of Cornwall is busy and fast-growing, and the City of Charlottetown is only minutes away. Owner is listing agent.

Property Features:

  • Annual Tax Amount:
  • Building Amenities: See Remarks, See Remarks
  • Building Features: Other
  • Built in: 1990
  • Construction: Concrete
  • Documents on File: Aerial Photos
  • Driveway/Parking: Parking Spaces(s), Paved, Other
  • Fire Protection: Hydrant
  • Floor Space (approx): 7600 Square Feet
  • Flooring: Other
  • Fuel Type: Electric, Propane
  • Heating/Cooling Type: Baseboard, Heat Pump -Ductless, Hot Water
  • Lot Size: 0.66 acre
  • Property Size: 0.5 to 0.99 Acres
  • Rental Equipment: Propane Tank
  • Roof: Asphalt Shingle
  • Site Influences: Cleared, Highway Access, Public Transportation, Shopping Nearby, Visual Exposure, Corner Site, High Traffic Location, Cleared, Highway Access, Public Transportation, Shopping Nearby, Visual Exposure, Corner Site, High Traffic Location
  • Sub-type: Other
  • Title to Land: Freehold
  • Utilities: Electrical, Sewer, Telephone
  • Water Source: Municipal

Courtesy of: EXIT Realty PEI

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

All Properties

9.25%

Price change (1 year)

58.85%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 609 MAIN Street, Cornwall, PE, C0A 1H0

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: Moderate-Low

33 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate-Low

33 hot days expected in 2050

37/100

Moderate-Low

ClimateCheck®

Current data

This property, 609 MAIN Street , 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 33 hot days at 30.7 degrees Celsius.

Projected Avg. Temperature

Past
27.6℃
2050
30.7℃

# Hot Days Per Year

Past
7
2050
33

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 Precipitation Risk: Moderate-High

14 storms expected in 2050

71/100

Moderate-High

ClimateCheck®

Current data

This property, 609 MAIN Street , experiences 11 significant 2-day storms per year, with about 360.7mm 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 460.2mm of precipitation per year.

Precipitation Per Storm

Past
360.7mm
2050
460.2mm

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.

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Demographic Information of 609 MAIN Street, Cornwall, PE, C0A 1H0

Life Stage

Older Families

Employment Type

Service Sector/White Collar

Average Household Income

$97,609.16

Average Number of Children

1.74

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.62 %

High school certificate or equivalent

27.01 %

Apprenticeship trade certificate/diploma

8.01 %

College/non-university certificate

32.05 %

University certificate (below bachelor)

0.15 %

University Degree

17.16 %

Commuter

Travel To Work

By Car

90.71 %

By Public Transit

2.61 %

By Walking

2.42 %

By Bicycle

0.0 %

By Other Methods

4.26 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

14.44 %

Houses

85.56 %

Own Vs. Rent

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