19777 Route 2, Hunter River, Prince Edward Island

$725,000

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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 propertyoffers 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 2and mixed-use commercial zoning, it?s perfectly suited for a restaurant, café, coffee shop, professional office, boutique retail store, orother 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 incomestream. 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 theproperty, ensuring low maintenance for years to come. Strategically positioned with high exposure and strong traffic flow, this propertypresents a rare opportunity to secure a blend of commercial and residential income in the vibrant community of Hunter River. With itssolid rental history and extensive updates, it stands as a compelling and dependable investment. All measurements are approximateand should be verified by the purchaser. (id:36535)

Features of 19777 Route 2

Listing # 202609718
Price $725,000
Bathrooms 0.00
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

Amenities Playground
Parking Parking Space(s)
Is Waterfront No
Has Pool No

Interior

Appliances Stove, Dishwasher, Refrigerator
Heating Electric Wall Mounted Heat Pump, Not known
Fireplace No
# of Stories 2
Has Basement Yes
Basement Type Full (Finished)
Basement Development Finished

Exterior

Exterior Wood shingles
Foundation Poured Concrete

Additional Information

Zoning Multi-Family

Listing Details

OfficeCourtesy Of ROYAL LEPAGE PRINCE EDWARD REALTY

Listing Map