19777 Route 2, Hunter River, Prince Edward Island, CA

Address: 19777 Route 2, Hunter River, Prince Edward Island

0 Beds0 Baths5000 sqftStatus: Buy
Price $749,500

Property Overview


19777 Route 2!...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:51532)

 

Tags




Property Summary
Property Type
Other
Storeys
2
Square Footage
5000 sqft
Community Name
Hunter River
Title
Freehold
Land Size
0.19 acre|under 1/2 acre
Built in
1952
Parking Type
Parking Space(s),Visitor Parking
Building
Interior Features
Flooring
Other
Building Features
Features
Paved driveway
Square Footage
5000 sqft
Total Finished Area
5000 sqft
Utilities
Water
Ground-level well
Parking
Parking Type
Parking Space(s),Visitor Parking
Land
Other Property Information
Zoning Description
Mixed Use
Features
           Paved driveway            Parking Space(s)            Visitor Parking
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Your Home Finance Calculation

Property Price CA $749,500
Bank Loan Amount CA $0
Monthly Installment CA $0

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