298 Main Street Cornwall, Prince Edward Island C1C 1R3

$399,000

?Prime Commercial Investment Opportunity in Cornwall | 0.89 Acre | Strong Income & Future Development Potential? Rare commercial investment opportunity located at the gateway to Cornwall, just minutes from downtown Charlottetown. This high-exposure property offers excellent visibility, convenient access, and outstanding future development potential. The property features approximately 0.89 acre of commercially zoned land with an existing 1,300 sq ft commercial building currently occupied by a stable tenant, providing immediate rental income for investors. In 2023, the owner completed extensive renovations and upgrades to the property, significantly enhancing both functionality and overall value. With its generous lot size and strategic location, this property offers exceptional flexibility for future expansion, redevelopment, or long-term investment holding. ?Property Highlights? ? Approx. 0.89 acre commercial lot ? Prime location at the entrance of Cornwall ? Minutes to downtown Charlottetown ? Approx. 1,300 sq ft commercial building ? Fully leased with stable rental income ? Extensive renovations and updates completed in 2023 ? High visibility and easy access ? Excellent investment and redevelopment potential ? Ideal for investors, owner-users, or future development projects A rare opportunity to own a high-potential commercial property combining immediate cash flow with long-term upside potential. Contact today for more information or to schedule a viewing. (id:59559)

Business

Business Type	Other
Business Sub Type	Other

Property Details

MLS® Number	202611171
Property Type	Retail
Community Name	Cornwall

Building

Flooring Type	Wood, Other
Size Interior	1,360 Ft2
Total Finished Area	1360 Sqft
Utility Water	Municipal Water

Land

Acreage	No
Size Irregular	0.89
Size Total	0.8900|1/2 - 1 Acre
Size Total Text	0.8900|1/2 - 1 Acre
Zoning Description	Commercial

https://www.realtor.ca/real-estate/29766193/298-main-street-cornwall-cornwall