243 Heather Moyse Drive Summerside, Prince Edward Island C1N 5R1
$3,990,000
Seize the opportunity to own approximately 20,000 SqFt of prime commercial property in picturesque Prince Edward Island. This well-maintained building is strategically located and comes with the added advantage of two long-term leases in place, securing income from both private and government tenants. From a development perspective, it doesn't get much better than this. A 20+ Storey Condominium Development would be ideal on this property. Benefit from established, long-term leases with reputable private and government organizations, ensuring reliable cash flow and a very attractive Cap Rate. Situated in a high-traffic area, providing excellent visibility and accessibility for your tenants and future ventures. Designed to accommodate a range of commercial uses, making it a flexible investment opportunity. The property has been meticulously cared for, with modern amenities and infrastructure in place. Whether you're an investor looking for a secure income stream or a business owner seeking a strategic location, this property offers a unique opportunity to capitalize on PEI's thriving commercial market. (id:11866)
Business
| Business Type | Other, Other, Other |
| Business Sub Type | Professional office(s), Other, Offices |
Property Details
| MLS® Number | 202418583 |
| Property Type | Office |
| Community Name | Summerside |
| Equipment Type | Propane Tank |
| Rental Equipment Type | Propane Tank |
| View Type | View Of Water |
Building
| Amenities | Air Conditioning |
| Constructed Date | 1992 |
| Construction Material | Wood Frame |
| Flooring Type | Concrete |
| Size Interior | 19987 Sqft |
| Total Finished Area | 19987 Sqft |
| Utility Water | Municipal Water |
Parking
| Parking Space(s) | |
| Paved Yard | |
| Visitor Parking | |
| Other |
Land
| Acreage | Yes |
| Land Disposition | Cleared |
| Size Total Text | 1 - 3 Acres |
| Zoning Description | Commerical |
https://www.realtor.ca/real-estate/27246743/243-heather-moyse-drive-summerside-summerside
Interested?
Contact us for more information
629 Water Street East
Summerside, Prince Edward Island C1N 4H8
(902) 436-2265
www.century21pei.com/
629 Water Street East
Summerside, Prince Edward Island C1N 4H8
(902) 436-2265
www.century21pei.com/
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®)
August 05 2024 12:38:53
Prince Edward Island Real Estate Association
Century 21 Northumberland Realty