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:4069)
Address
19777 Route 2
List Price
$725,000
Property Type
Other
Transaction Type
Sale
Area
Prince Edward Island
Sub-Area
Hunter River
Lot Size
0.19 acre Sq. Ft.
Year Built
1954
MLS® Number
202609718
Listing Brokerage
ROYAL LEPAGE PRINCE EDWARD REALTY
Basement Area
Full (Finished)
Postal Code
C0A1N0
Ownership
Freehold
Site Influences
Playground
Community Features
School Bus
Appliances
Stove, Dishwasher, Refrigerator
Heat Source
Electric
Heat Type
Wall Mounted Heat Pump, Not known
Foundation Details
Poured Concrete
Number Of Floors In Building
2
Water Source
Ground-level well
Sewer
Unknown
