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Unit 2 70 Nicholas Lane Charlottetown, Prince Edward Island C1E 0H4

1070 sqft

$398,000

This 5 year old commercial space presents a fantastic investment opportunity, especially suited for contractors or those in need of commercial storage. The property features a 20 foot high ceiling, offering ample vertical space, along with an office, bathroom, heat pump, and electric water heater for comfort and convenience. The automatic rolling shutter bay door ensures easy access, and the property includes seven exclusive parking spaces, ideal for both employees and customers. Located in a prime spot on the Trans Canada Highway, this property benefits from high visibility, with the added advantage of being next to the new Nissan dealership and near the Charlottetown shopping mall. This location provides excellent opportunities for free advertising due to the high traffic in the area. The condo fee is $2,000 per year, covering essential services such as water, sewage, condo insurance, grass cutting, and snow removal. The space is currently occupied by a long-term tenant, making it a secure and steady investment. All measurements are approximate and should be verified by purchaser if deemed necessary. Listing agent is related to one of the Vendors. (id:56815)

Business

Business Type Industrial, Other
Business Sub Type Warehouse, Offices

Property Details

MLS® Number 202419784
Property Type Retail
Community Name Charlottetown
Amenities Near By Highway

Building

Amenities Air Conditioning
Constructed Date 2020
Construction Material Concrete Walls
Fire Protection Smoke Detectors
Flooring Type Concrete, Heavy Loading
Stories Total 1
Size Interior 1070 Sqft
Total Finished Area 1070 Sqft
Utility Water Municipal Water

Parking

Parking Space(s)
Paved Yard
Visitor Parking

Land

Access Type Highway Access
Acreage No
Land Amenities Highway
Land Disposition Cleared
Size Irregular N/a
Size Total Text N/a|under 1/2 Acre
Zoning Description Commerical

https://www.realtor.ca/real-estate/27296705/unit-2-70-nicholas-lane-charlottetown-charlottetown

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