421 University Avenue Charlottetown, Prince Edward Island C1A 4N7

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

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