51 Grafton Street Charlottetown, Prince Edward Island C1A 1K8
$1,348,000
Discover an exceptional investment asset located at a prominent, high-traffic intersection in the vibrant center of downtown Charlottetown. This distinguished three-storey building seamlessly blends commercial stability with residential comfort, offering a proven track record of income generation. The ground floor features established commercial retail space with a legacy of over 20 years of successful restaurant operations, ensuring high visibility and consistent foot traffic. The upper two levels are comprised of three spacious residential units, each featuring a two-bedroom, one-bathroom layout. The building is currently 100% occupied, providing immediate cash flow for the new owner. Ideally situated for both tenants and clientele, the property is surrounded by major office buildings, commercial centers, and shopping venues. As a hub for summer tourism, the location benefits from the seasonal influx of visitors while maintaining a steady local clientele year-round. Uniquely for the downtown core, the property includes a private two-car driveway for the owner's exclusive use, while tenants and customers enjoy the convenience of ample surrounding street parking. Whether you are a seasoned investor seeking a turnkey portfolio addition or looking for a mixed-use property for personal ownership, this building represents a rare opportunity in PEI?s capital. (id:56815)
Business
| Business Type | Other, Restaurant, Residential |
| Business Sub Type | Other, Restaurant, Residential |
Property Details
| MLS® Number | 202528906 |
| Property Type | Other |
| Community Name | Charlottetown |
| Amenities Near By | Public Transit |
| Community Features | High Traffic Area |
| Equipment Type | Propane Tank |
| Features | Paved Driveway |
| Rental Equipment Type | Propane Tank |
Building
| Constructed Date | 2025 |
| Flooring Type | Concrete, Other |
| Utility Water | Municipal Water |
Parking
| Other |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Size Irregular | 0.1 |
| Size Total | 0.1 Ac|under 1/2 Acre |
| Size Total Text | 0.1 Ac|under 1/2 Acre |
| Zoning Description | Mixed Comm |
https://www.realtor.ca/real-estate/29154929/51-grafton-street-charlottetown-charlottetown
Contact Us
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
December 02 2025 07:09:49
Prince Edward Island Real Estate Association
Royal LePage Prince Edward Realty