19777 Route 2, Hunter River, Prince Edward Island

$725,000

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5,000

Square feet

0.19

Acres

About 19777 Route 2

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:36535)

Features of 19777 Route 2

Listing # 202604927
Price $725,000
Bathrooms 0.00
Square Footage 5,000
Acres 0.19
Year Built 1954
Type Other
Sub-Type Freehold

Community Information

Address 19777 Route 2
Subdivision Hunter River
City Hunter River
Province Prince Edward Island
Postal Code C0A1N0

Amenities

Features Paved driveway
Parking Parking Space(s), Visitor Parking
Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 2
Has Basement No

Listing Details

OfficeCourtesy Of ROYAL LEPAGE PRINCE EDWARD REALTY

Listing Map