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19777 Route 2
Hunter River PE , C0A 1N0 , Canada
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Omid Talebi
Agent
Real Estate Representative
Cell: 902.393.9155

Royal LePage Prince Edward Realty
Brokerage:
1 - 87 John Yeo DR
Charlottetown, PE
C1E 3J3
Phone: 902.628.6500
/jumplisting/rlp/images/logo/rlp_logo_sm.gif

Kally Thorsteinson
Agent Photo
Cell: 250.306.1047

Brokerage:
Royal LePage Prince Edward Realty
1 - 87 John Yeo DR
Charlottetown, PE
C1E 3J3
Phone: 902.628.6500
$749,500.00
MLS® 202421946
Commercial : Other
Annual Tax Amount: $7,180.00 (2024)
Lot Size: 0.19 acre
Floor Space (approx): 5000 Square Feet
Built in: 1952
Remarks:
19777 Route 2!...Introducing an exceptional investment opportunity nestled in the heart of Hunter River, this mixed-use commercial property boasts a total of 5000 sq. ft. The versatile space includes commercial and office areas, along with three rental units, ensuring a dynamic income stream. Originally leased by Subway, the commercial space, spanning approximately 2000 sq. ft., is now available for the next lucrative business venture. The property's mixed-use commercial zoning provides flexibility for various enterprises, capitalizing on its prime location and high exposure. The three rental units, featuring 2 three-bedroom and 1 two-bedroom units, are fully occupied, offering a steady income. Each unit is equipped with a heat pump, ensuring comfort for tenants. Additionally, a shared laundry facility enhances the property's convenience and desirability. A testament to modernization, the building underwent extensive renovations in 2017 and it was completely gutted. new windows, doors, trims, steel roof, all flooring, heat pumps and the list goes on. These improvements not only enhance the property's aesthetic appeal but also contribute to its long-term durability and low maintenance. Strategically positioned in a location with high visibility, this investment property presents an excellent opportunity for those seeking a blend of commercial and residential income. With a solid rental history and recent renovations, it stands as a sound investment choice in the vibrant community of Hunter River. All measurement are approximate and should be verified by the purchaser.

Property Features:
  • Driveway/Parking: Parking Spaces(s) , Paved , Visitor Parking
  • Flooring: Other
  • Fuel Type: Electric
  • Heating/Cooling Type: Heat Pump -Ductless
  • Property Size: Under 0.5 Acres
  • Rental Equipment: None
  • Roof: Steel
  • Sub-type: Restaurant
  • Title to Land: Freehold
  • Utilities: Sewer
  • Water Source: Well

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

All offices are independently owned and operated, except those offices identified as "Royal LePage Real Estate Services Ltd."

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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