$699,000

About this property

This versatile 3,000 sq. ft. commercial building, situated on 2.97 acres, offers a unique investment opportunity in a high-traffic location in Western PEI. Previously operated as a gas station and convenience store, the property has been recently upgraded to include three brand-new, one-bedroom apartments, each offering ground-level access, open-concept kitchen and living areas, wide doorways, and washer/dryer hookups. These units provide immediate rental income. The main retail space presents endless possibilities and could easily be adapted to a variety of business ventures, such as a retail store, coffee shop, take-out counter, or a service hub catering to the many permanent and seasonal residents in the Mill River and Cascumpec areas. A drive-thru window is already in place, offering added convenience for customers and operational flexibility. Additional features include a private office, large storage area, and existing gas pumps, giving the potential to reinstate fuel services if desired. With its prime visibility, road frontage, and proximity to local beaches, golf courses, and the town of Alberton, this property is ideal for investors or entrepreneurs looking to establish or expand a business in a growing area. Don't miss out on this opportunity to secure a well-located, income-generating property with multiple revenue streams and room for future growth. (id:66946)

Features