




This other in Charlottetown offers 2,000 sqft of living area on a 0.1 ac lot. Built in 2025. The property has lot dimensions of 0.1. The home features concrete and other flooring.
Discover an exceptional investment asset located at a prominent, high-traffic intersection in the vibrant center of downtown Charlottetown. This distinguished three-story building seamlessly blends commercial stability with residential comfort, offering a proven track record of income generation. The ground floor features established commercial retail space with a legacy of over 20 years of successful restaurant operations, ensuring high visibility and consistent foot traffic. The upper two levels are comprised of three spacious residential units, two of the units are a two-bedroom, one-bathroom layout, and the third is a three bedroom, one bathroom layout. The building is currently 100% occupied, providing immediate cash flow for the new owner. Ideally situated for both tenants and clientele, the property is surrounded by major office buildings, commercial centers, and shopping venues. As a hub for summer tourism, the location benefits from the seasonal influx of visitors while maintaining a steady local clientele year-round. Uniquely for the downtown core, the property includes a private two-car driveway for the owner's exclusive use, while tenants and customers enjoy the convenience of ample surrounding street parking. Whether you are a seasoned investor seeking a turnkey portfolio addition or looking for a mixed-use property for personal ownership, this building represents a rare opportunity in PEI?s capital. (id:60351)
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Listed by Eva Clow, ROYAL LEPAGE PRINCE EDWARD REALTY
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Listing represented by Eva Clow, ROYAL LEPAGE PRINCE EDWARD REALTY · MLS# 202528906
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.