$699,000

Commercial For Sale In Fortune Cove, Prince Edward Island

$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