Welcome to a rare investment opportunity in the heart of downtown Charlottetown, PEI. This mixed-use brick commercial/residential building offers strong potential for both investors and entrepreneurs alike. Included with the property is an additional R2-zoned lot, providing valuable flexibility for additional parking or future development. The property features an excellent walk score and a vacant commercial space ready for your vision and a little TLC. Whether you?re looking to establish your own business while generating supplemental rental income, or expand your real estate portfolio with a versatile downtown asset, this property checks all the boxes. Sizes are approximate and should be verified by the purchaser. (id:4069)
Address
245 University Avenue
List Price
$1,100,000
Property Type
Multi-family
Type of Dwelling
Apartment
Transaction Type
Sale
Area
Prince Edward Island
Sub-Area
Charlottetown
Lot Size
.13 Sq. Ft.
Year Built
1962
MLS® Number
202612243
Listing Brokerage
ROYAL LEPAGE COUNTRY ESTATES 1985 LTD
Basement Area
Full
Postal Code
C1A4M1
Ownership
Freehold
Site Influences
Golf Course, Park, Playground, Public Transit, Recreation, Shopping, Marina
Community Features
School Bus
Appliances
Oven, Microwave, Refrigerator
Amenities
Air Conditioning
Heat Source
Electric, Oil
Heat Type
Furnace, Wall Mounted Heat Pump, Radiant heat
Cooling Features
Air Conditioned
Foundation Details
Poured Concrete
Number Of Floors In Building
2
Water Source
Municipal water
Sewer
Municipal sewage system
