19777 Route 2 Hunter River, Prince Edward Island C0A 1N0

$725,000

19777 Route 2!...Introducing an exceptional investment opportunity in the heart of Hunter River. This mixed-use commercial propertyoffers 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 2and mixed-use commercial zoning, it?s perfectly suited for a restaurant, café, coffee shop, professional office, boutique retail store, orother 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 incomestream. 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 theproperty, ensuring low maintenance for years to come. Strategically positioned with high exposure and strong traffic flow, this propertypresents a rare opportunity to secure a blend of commercial and residential income in the vibrant community of Hunter River. With itssolid rental history and extensive updates, it stands as a compelling and dependable investment. All measurements are approximateand should be verified by the purchaser. (id:59559)

Property Details

MLS® Number	202609718
Property Type	Other
Community Name	Hunter River
Amenities Near By	Playground
Community Features	School Bus
Equipment Type	None
Rental Equipment Type	None

Building

Appliances	Stove, Dishwasher, Refrigerator
Basement Development	Finished
Basement Type	Full (finished)
Constructed Date	1954
Exterior Finish	Wood Shingles
Flooring Type	Ceramic Tile, Hardwood, Laminate
Foundation Type	Poured Concrete
Heating Fuel	Electric
Heating Type	Wall Mounted Heat Pump, Not Known
Stories Total	2
Type	Other
Utility Water	Ground-level Well

Parking

Parking Space(s)
Parking Space(s)

Land

Acreage	No
Land Amenities	Playground
Sewer	Unknown
Size Irregular	0.19 Acre
Size Total Text	0.19 Acre|under 1/2 Acre
Zoning Type	Multi-family

https://www.realtor.ca/real-estate/29701511/19777-route-2-hunter-river-hunter-river