4,866 ft2
$1,900,000
A rare opportunity to acquire a robust, income-generating commercial property strategically positioned on University Avenue, Charlottetown's primary commercial artery. This offering comprises a 4,866 square foot commercial building situated on a sizable 0.621-acre lot, providing exceptional exposure, ample parking, and future upside. This is a turn-key investment with in-place income from three diverse tenants (grocery store, nail salon, and convenience store), offering immediate, diversified cash flow and mitigating vacancy risk. Don't miss this rare opportunity. Food truck on the property is excluded from the sale. (id:56351)
Business
Business Type
|
Retail and Wholesale |
Business Sub Type
|
Shopping center |
Property Details
MLS® Number
|
202524784 |
Property Type
|
Retail |
Neigbourhood
|
Spring Park |
Community Name
|
Charlottetown |
Amenities Near By
|
Public Transit, Shopping |
Community Features
|
High Traffic Area |
Features
|
Paved Driveway |
Building
Amenities
|
Air Conditioning |
Construction Material
|
Steel Frame, Unknown |
Fire Protection
|
Security System, Smoke Detectors, Sprinkler System-fire |
Flooring Type
|
Concrete, Heavy Loading, Other |
Size Interior
|
4,866 Ft2 |
Total Finished Area
|
4866 Sqft |
Utility Water
|
Community Water System |
Land
Acreage
|
No |
Land Amenities
|
Public Transit, Shopping |
Land Disposition
|
Cleared |
Size Irregular
|
0.621 |
Size Total
|
0.6210|1/2 - 1 Acre |
Size Total Text
|
0.6210|1/2 - 1 Acre |
Zoning Description
|
Commercial |
https://www.realtor.ca/real-estate/28936120/421-university-avenue-charlottetown-charlottetown