$349,900

Commercial For Sale In Freeland, Prince Edward Island

$349,900

Property Information:

Welcome to an exceptional opportunity in the heart of Freeland. Home to the well-known Freeland Bistro – Vietnamese & Canadian Cuisine. This versatile commercial property offers tremendous potential for entrepreneurs, investors, or those seeking a unique live/work lifestyle in a well-maintained building. The main level features a fully equipped restaurant and convenience store space, including all contents, chattels, and commercial kitchen equipment ready for immediate operation. Previously a year-round business, the property was converted to seasonal use, and as a result, the fuel provider removed the pumps. The underground tanks and required infrastructure remain in place, offering the potential to reinstate fuel service with a year-round business model. The possibilities here are truly endless. The lower level offers a generous unfinished area with an unloading door, ideal for storage, expansion, or transforming into additional revenue-generating space. The upper level features over 1,800 sq. ft. of bright residential living quarters, including a spacious open-concept living area, three bedrooms, and a full bath—perfect for owner occupancy, staff housing, or long-term rental income. Adding even more value, the property includes a 40' x 22' attached garage with an unfinished loft area, offering further development potential. Outdoors, the pavement and parking area are in excellent condition, providing ample customer parking and easy access year-round. This is a rare chance to acquire a turn-key commercial property with multiple income streams and room to expand. Financial statements available with a signed NDA. Don’t miss the opportunity to bring your vision to life.

Property Features:

  • Annual Tax Amount: $1,287
  • Building Amenities: Air Conditioning, Public Washrooms, Security System, Air Conditioning, Public Washrooms, Security System
  • Building Features: Doors Under 10 Ft, Grade Loading, Storage Building
  • Built in: Y
  • Construction: Concrete, Wood Frame
  • Documents on File: Aerial Photos, Chattel/Equipment, Financial Statements
  • Driveway/Parking: Paved, Visitor Parking
  • Fire Protection: Alarm, Other Fire Protection
  • Floor Space (approx): 3750 Square Feet
  • Flooring: Other
  • Fuel Type: Electric, Oil
  • Heating/Cooling Type: Baseboard, Forced Air, Furnace, Heat Pump -Ductless
  • Lot Size: 0.473 Acres
  • Property Size: Under 0.5 Acres
  • Rental Equipment: Propane Tank
  • Roof: Asphalt Shingle
  • Site Influences: Visual Exposure, Visual Exposure
  • Sub-type: Restaurant
  • Title to Land: Freehold
  • Utilities: Electrical, Septic, Telephone, Well
  • Water Source: Drilled Well

Courtesy of: RE/MAX HARBOURSIDE 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