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Unit 2 70 Nicholas Lane Charlottetown, Prince Edward Island C1E 0H4

1070 sqft

$398,000

This 5 year old commercial space presents a fantastic investment opportunity, especially suited for contractors or those in need of commercial storage. The property features a 20 foot high ceiling, offering ample vertical space, along with an office, bathroom, heat pump, and electric water heater for comfort and convenience. The automatic rolling shutter bay door ensures easy access, and the property includes seven exclusive parking spaces, ideal for both employees and customers. Located in a prime spot on the Trans Canada Highway, this property benefits from high visibility, with the added advantage of being next to the new Nissan dealership and near the Charlottetown shopping mall. This location provides excellent opportunities for free advertising due to the high traffic in the area. The condo fee is $2,000 per year, covering essential services such as water, sewage, condo insurance, grass cutting, and snow removal. The space is currently occupied by a long-term tenant, making it a secure and steady investment. All measurements are approximate and should be verified by purchaser if deemed necessary. Listing agent is related to one of the Vendors. (id:56351)

Business

BusinessType Industrial, Other
BusinessSubType Warehouse, Offices

Property Details

MLS® Number 202419784
Property Type Retail
Neigbourhood West Royalty
Community Name Charlottetown
AmenitiesNearBy Highway

Building

Amenities Air Conditioning
ConstructedDate 2020
ConstructionMaterial Concrete Walls
FireProtection Smoke Detectors
FlooringType Concrete, Heavy Loading
StoriesTotal 1
SizeInterior 1070 Sqft
TotalFinishedArea 1070 Sqft
UtilityWater Municipal Water

Parking

Parking Space(s)
Paved Yard
Visitor Parking

Land

AccessType Highway Access
Acreage No
LandAmenities Highway
LandDisposition Cleared
SizeIrregular N/a
SizeTotalText N/a|under 1/2 Acre
ZoningDescription Commerical

https://www.realtor.ca/real-estate/27296705/unit-2-70-nicholas-lane-charlottetown-charlottetown

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