19777 Route 2 — photo 1 of 511 / 51

19777 Route 2

Hunter River, Prince Edward Island C0A1N0

MLS® 202604927

Active

$725,000

5,000 sq ftBuilt 1954Other

About This Property

19777 Route 2!...Introducing an exceptional investment opportunity in the heart of Hunter River. This mixed-use commercial property offers 5,000 sq. ft. of versatile space, combining commercial, office, and residential income under one roof. The commercial space, spanning approximately 2,000 sq. ft., is a standout feature. bright, open, and highly adaptable. With excellent visibility along Route 2 and mixed-use commercial zoning, it?s perfectly suited for a restaurant, café, coffee shop, professional office, boutique retail store, or other high-exposure business. Its layout and location make it an ideal canvas for your next successful venture. The residential portion includes three fully occupied rental units, two three-bedroom units and one two-bedroom unit, providing a steady and reliable income stream. Each unit is equipped with a heat pump, and tenants enjoy access to a shared laundry facility, adding convenience and long-term appeal. In 2017, the building underwent a complete renovation from the studs up. Upgrades include new windows, doors, trims, steel roof, flooring, heat pumps, and more. These improvements enhance both the aesthetic appeal and the long-term durability of the property, ensuring low maintenance for years to come. Strategically positioned with high exposure and strong traffic flow, this property presents a rare opportunity to secure a blend of commercial and residential income in the vibrant community of Hunter River. With its solid rental history and extensive updates, it stands as a compelling and dependable investment. All measurements are approximate and should be verified by the purchaser. (id:65025)

Property Details

Living Area5,000 sq ft
Year Built1954
Water SourceGround-level well

Land Details

Dimensions0.19 acre
Lot FeaturesPaved driveway
Water SourceGround-level well

Parking

FeaturesParking Space(s), Visitor Parking

Schools

Elementary (K–6)Central Queens Elementary
Intermediate (7–9)East Wiltshire Intermediate
High School (10–12)Bluefield Senior High

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

Location

Listed by

ROYAL LEPAGE PRINCE EDWARD REALTY

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