13774 Cascumpec Road, Fortune Cove, PE, C0B 1V0

MLS® # 202515162

Commercial For Sale In Fortune Cove, Prince Edward Island

$699,000

None Beds

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13774 Cascumpec Road, Fortune Cove, PE, C0B 1V0

$699,000

Property Information:

This versatile 3,000 sq. ft. commercial building, situated on 2.97 acres, offers a unique investment opportunity in a high-traffic location in Western PEI. Previously operated as a gas station and convenience store, the property has been recently upgraded to include three brand-new, one-bedroom apartments, each offering ground-level access, open-concept kitchen and living areas, wide doorways, and washer/dryer hookups. These units provide immediate rental income. The main retail space presents endless possibilities and could easily be adapted to a variety of business ventures, such as a retail store, coffee shop, take-out counter, or a service hub catering to the many permanent and seasonal residents in the Mill River and Cascumpec areas. A drive-thru window is already in place, offering added convenience for customers and operational flexibility. Additional features include a private office, large storage area, and existing gas pumps, giving the potential to reinstate fuel services if desired. With its prime visibility, road frontage, and proximity to local beaches, golf courses, and the town of Alberton, this property is ideal for investors or entrepreneurs looking to establish or expand a business in a growing area. Don't miss out on this opportunity to secure a well-located, income-generating property with multiple revenue streams and room for future growth.

Property Features:

Annual Tax Amount: $2,564
Building Amenities: Air Conditioning, Public Washrooms, Security System, Ventilation System, Air Conditioning, Public Washrooms, Security System, Ventilation System
Building Features: Lighting
Built in: 1986
Construction: Steel Frame
Documents on File: Deed
Driveway/Parking: Circular, Double, Parking Spaces(s), Paved, Visitor Parking, Other
Floor Space (approx): 3000 Square Feet
Flooring: Concrete, Heavy Loading
Fuel Type: Electric
Heating/Cooling Type: Heat Pump -Ductless, Hot Water
Lot Size: 2.97
Property Size: 1 to 2.99 Acres
Rental Equipment: None
Roof: Metal, Steel
Site Influences: Cleared, Cleared
Sub-type: Office, Residential Units, Shopping Centre, Bed & Breakfast, Service Station
Title to Land: Freehold
Water Source: Drilled Well, Well

Courtesy of: CENTURY 21 NORTHUMBERLAND 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

Location of 13774 Cascumpec Road, Fortune Cove, PE, C0B 1V0

Lifestyle
Neighbourhood

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

29 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate-Low

29 hot days expected in 2050

32/100

Moderate-Low

ClimateCheck®

Current data

This property, 13774 Cascumpec Road , experiences 7 hot days per year at around 28 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 31.1 degrees Celsius.

Projected Avg. Temperature

Past

28℃

2050

31.1℃

# Hot Days Per Year

Past

2050

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

72/100

Moderate-High

ClimateCheck®

Current data

This property, 13774 Cascumpec Road , experiences 11 significant 2-day storms per year, with about 355.4mm 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 463.9mm of precipitation per year.

Precipitation Per Storm

Past

355.4mm

2050

463.9mm

48-Hour Storms Per Year

Past

2050

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 13774 Cascumpec Road, Fortune Cove, PE, C0B 1V0

Life Stage

Older Couples

Employment Type

Blue Collar/Primary

Average Household Income

$116,000.00

Average Number of Children

1.80

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.1 %

High school certificate or equivalent

35.59 %

Apprenticeship trade certificate/diploma

5.09 %

College/non-university certificate

27.12 %

University certificate (below bachelor)

2.54 %

University Degree

13.56 %

Commuter

Travel To Work

By Car

93.05 %

By Public Transit

0.0 %

By Walking

2.78 %

By Bicycle

0.0 %

By Other Methods

4.17 %

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

Location of 13774 Cascumpec Road, Fortune Cove, PE, C0B 1V0

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 13774 Cascumpec Road, Fortune Cove, PE, C0B 1V0

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

13774 Cascumpec Road, Fortune Cove, PE, C0B 1V0

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing