PE
Hunter River
C0A1N0
19777 Route 2
19777 Route 2, Hunter River, PE C0A1N0
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Listing Type
Single Family
Listing Status
active
50
$725,000

Home Details for 19777 Route 2

Price
$725,000
Type
Residential
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1953
Parking
Days on site
73
Listing #
202517385
Property Description

19777 Route 2!...Motivated Seller! - 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. (id:31684)

Property Features
    Listing Courtesy: ROYAL LEPAGE PRINCE EDWARD REALTY
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    EXIT REALTY PEI
    41 MacLeod Crescent, Charlottetown, PE C1E 3K2
    Pamela Foy
    License #: 36442
    Sales Representative
    Office
    902 892 7653
    Agent
    902 315 1035
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    Code: