$1,250,000

Commercial For Sale In Cornwall, Prince Edward Island

$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