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Home PE Greater Charlottetown Queens County Charlottetown Spring Park
421 University Avenue
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421 University Avenue $1,900,000
$1,900,000
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421 University Avenue
Charlottetown, Prince Edward Island C1A4N7

MLS® Number: 202524784

Listing Description

A rare opportunity to acquire a robust, income-generating commercial property strategically positioned on University Avenue, Charlottetown's primary commercial artery. This offering comprises a 4,866 square foot commercial building situated on a sizable 0.621-acre lot, providing exceptional exposure, ample parking, and future upside. This is a turn-key investment with in-place income from three diverse tenants (grocery store, nail salon, and convenience store), offering immediate, diversified cash flow and mitigating vacancy risk. Don't miss this rare opportunity. Food truck on the property is excluded from the sale. (231460904)

Property Summary

Property Type
Retail
Community Name
Charlottetown
Title
Freehold
Land Size
0.6210|1/2 - 1 acre
Annual Property Taxes
$25,282
Time on REALTOR.ca
76 days

Building

Interior Features
Flooring
Concrete, Heavy loading, Other
Building Features
Features
Paved driveway
Construction Material
Steel frame, Unknown
Fire Protection
Security system, Smoke Detectors, Sprinkler System-Fire
Building Amenities
Air Conditioning
Utilities
Water
Community Water System
Business
Business Type
Retail and Wholesale (Shopping center)
Neighbourhood Features
Community Features
High Traffic Area
Amenities Nearby
Public Transit, Shopping

Measurements

Square Footage
4866 sqft
Total Finished Area
4866 sqft

Land

Lot Features
Land Disposition
Cleared
Other Property Information
Zoning Description
Commercial
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902-338-1210
Eva Clow