19777 Route 2 Hunter River, Prince Edward Island C0A 1N0

5,000 ft2

$725,000

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:56815)

Business

Business Type Restaurant
Business Sub Type Restaurant

Property Details

MLS® Number 202604927
Property Type Other
Community Name Hunter River
Features Paved Driveway

Building

Constructed Date 1954
Flooring Type Other
Stories Total 2
Size Interior 5,000 Ft2
Total Finished Area 5000 Sqft
Utility Water Ground-level Well

Parking

Parking Space(s)
Visitor Parking

Land

Acreage No
Size Irregular 0.19 Acre
Size Total Text 0.19 Acre|under 1/2 Acre
Zoning Description Mixed Use

https://www.realtor.ca/real-estate/29491076/19777-route-2-hunter-river-hunter-river

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