982 Main Street Clyde River, Prince Edward Island C0A 1H6
$1,750,000
This 53-acre property, located on the border of Cornwall and Clyde River, offers a unique opportunity for both agricultural use or possible future development. The land is fully cleared with driveway access directly from the Trans Canada Highway, providing excellent convenience and exposure. An added benefit is the Eastlink tower easement on the property, which generates approximately $5,000 per year in income, making it a revenue-generating asset. Currently, the property has been actively farmed, with crops such as corn harvested in 2024, soybeans in 2023, and potatoes in 2022. The land has proven to be productive, and there is an older round-roof barn on the property, though it will need some TLC. Strategically located less than a minute?s drive from the center of Cornwall and the Cornwall Road, the property offers easy access to local amenities, services, and major transportation routes. It is also only 31 minutes from the Confederation Bridge and 10 minutes from Charlottetown, making it a prime location for anyone seeking proximity to key areas of the island. Given the rapid growth and development of the Cornwall area, this property presents a potential opportunity for residential, commercial, or mixed-use development, subject to proper approvals. Whether you are looking for a profitable agricultural investment or potentially a prime site for future development (with approved change of use and permits) this property offers substantial potential in a high-demand area. Don?t miss out?reach out today to book a viewing and explore the opportunities this land offers! (id:56351)
Property Details
| MLS® Number | 202428590 |
| Property Type | Vacant Land |
| Community Name | Clyde River |
| Easement | Easement |
Building
| UtilityWater | None |
Land
| Acreage | Yes |
| LandDisposition | Cleared |
| Sewer | No Sewage System |
| SizeIrregular | 53.7 |
| SizeTotal | 53.7 Ac|50 - 100 Acres |
| SizeTotalText | 53.7 Ac|50 - 100 Acres |
https://www.realtor.ca/real-estate/27757661/982-main-street-clyde-river-clyde-river
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December 31 2024 03:08:54
Prince Edward Island Real Estate Association
East Coast Realty