339 University Avenue — photo 1 of 81 / 8

339 University Avenue

Charlottetown, Prince Edward Island C1A4M8

MLS® 202521304

Active

$198,000

3,000 sq ftBusiness

About This Property

Location, location, location! This renowned Asian grocery store in PEI has been operating for 10 years and boasts a prime location. Located in Spring Plaza in the center of Charlottetown, with over 50 parking spaces, it's close to banks, UPEI, downtown, and bus stops. On a very busy street. The 3,000-square-foot store offers ample space for displaying and selling products, while the eye-catching large windows provide additional advertising space. The store also holds a fish buying license, a tobacco license, and likely the only Asian grocery in PEI that holds the license for meat segmentation and vegetable segmentation and packaging. Meat cuts and vegetable wraps which generate gross margins that are much higher than average grocers. Topfresh maintains a good cooperative relationship with a large number of suppliers that supply snacks, noodles, condiments, cereals, frozen food, all year round Foods, fresh vegetables, fresh and frozen seafood/meats. Topfresh also has supplier resources that carry a variety of kitchen equipment and supplies at competitive prices. Topfresh cooperates with a number of transportation companies, and the freight rate is averaging between 30% and 50% lower than the market price. Topfresh grocery has accumulated a large number of customers. a great turn key business opportunity you wont to miss! NOTE: This is a business sale, building not included. Inventory not included in sale as well. Asset list available upon request. Secure your spot in a revitalized, high-traffic shopping center. This unit benefits directly from the recent opening of No Frills, which has transformed the plaza into a daily destination for the community. Offering rare flexibility in a prime location, this property can be tailored to your requirements. Purchase the full $3000 sqft for just $198,000. a high value entry point for the area. Start smaller with a 1500sqft unit for $88,000, or another 1500sqft unit including essential equipment for $159,00 (id:65025)

Property Details

Living Area3,000 sq ft
Water SourceMunicipal water

Land Details

Dimensions0
Lot FeaturesPaved driveway
Water SourceMunicipal water

Parking

FeaturesOther, Parking Space(s), Gravel

Schools

Elementary (K–6)St Jean Elementary 2
Intermediate (7–9)Queen Charlotte Intermediate
High School (10–12)Colonel Grey High

English public schools (ELSB). Source: PEI Public Schools Branch

Location

Listed by

ROYAL LEPAGE PRINCE EDWARD REALTY

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