19777 Route 2!...Introducing an exceptional investment opportunity in the heart of Hunter River. This mixed-use commercial property offers 5,000 sq. ft. of versatile space, combining commercial, office, and residential income under one roof. The commercial space, spanning approximately 2,000 sq. ft., is a standout feature. bright, open, and highly adaptable. With excellent visibility along Route 2 and mixed-use commercial zoning, it?s perfectly suited for a restaurant, café, coffee shop, professional office, boutique retail store, or other high-exposure business. Its layout and location make it an ideal canvas for your next successful venture. The residential portion includes three fully occupied rental units, two three-bedroom units and one two-bedroom unit, providing a steady and reliable income stream. Each unit is equipped with a heat pump, and tenants enjoy access to a shared laundry facility, adding convenience and long-term appeal. In 2017, the building underwent a complete renovation from the studs up. Upgrades include new windows, doors, trims, steel roof, flooring, heat pumps, and more. These improvements enhance both the aesthetic appeal and the long-term durability of the property, ensuring low maintenance for years to come. Strategically positioned with high exposure and strong traffic flow, this property presents a rare opportunity to secure a blend of commercial and residential income in the vibrant community of Hunter River. With its solid rental history and extensive updates, it stands as a compelling and dependable investment. All measurements are approximate and should be verified by the purchaser. (id:4069)
Address
19777 Route 2
List Price
$725,000
Property Type
Other
Type of Dwelling
Other
Transaction Type
Sale
Area
Prince Edward Island
Sub-Area
Hunter River
Floor Area
5,000 Sq. Ft.
Lot Size
0.19 acre Ac.
Year Built
1954
MLS® Number
202604927
Listing Brokerage
ROYAL LEPAGE PRINCE EDWARD REALTY
Postal Code
C0A1N0
Zoning
Mixed Use
Features
Paved driveway
