$2,500,000 FOR SALE

Commercial/Retail

174 Pickles Lane
Alexandra, PE C1B 0L8

Nestled in the heart of Alexandra, Prince Edward Island, lies a remarkable investment opportunity for individuals seeking to capitalize on the region's commercial potential. This expansive 125-acre mixed-use property offers a canvas of development possibilities, combining modern office spaces, residential comfort, and agricultural utility, all in one comprehensive package. Constructed in 2014 with a recent office extension in March 2020, the main building complex spans nearly 11,000 square feet and includes a luxurious owner's living unit. The property boasts additional land ready for future development, supplemented by outbuildings such as a 7,200-square-foot heated indoor riding arena, an equipment shed, and a multifunctional shop/garage. The property presents a picturesque rural setting with minimal area commercial development, ensuring privacy and serenity. Its long access lane leads to an elevated position with breathtaking water views of Pownal Bay, setting the stage for a tranquil yet strategic investment locale. Approximately 7 acres of meticulously fenced paddock areas, as well as walking and riding trails, provide a pastoral charm that complements the commercial prospects of the site. The potential for future expansion is considerable, with a large site area designated for development. The current setup allows for a variety of uses?be it maintaining the equestrian facilities or repurposing the extensive square footage for alternative enterprises. This unique property, situated within a stone's throw from Stratford and the capital city of Charlottetown, is a rare find. It offers investors quality assets with reuse and redevelopment potential in a sought-after area of the province. Lots of potential for a buyer that could tailor the facility, land, and infrastructure to a variety of uses, capitalizing on its strategic location and the privacy provided by its 0.85 km laneway from Pownal Road. (id:47423)

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Listed By RE/MAX CHARLOTTETOWN REALTY
Data Provided By Prince Edward Island Real Estate Association
MLS® Listing Number 202403838
Last Updated Sep 06, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Use Office
Community Alexandra
Price History
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Detailed Information
Amenities Nearby Highway
Equipment Propane Tank
Listing Contract Date 2024-03-04
Municipal ID 1063783
Ownership Type Freehold
Property Type Other
Rental Equipment Propane Tank
Transaction Type For sale
Views Ocean view
Zoning Description Commercial
Business
Business Type Other, Residential
Business Subtype Offices, Residential
Building
Amenities Laundry Facility, Living Accommodation, Recreation Centre
Constructed Date 2014
Construction Material Wood frame
Fire Protection Monitored Alarm, Smoke Detectors
Flooring Type Concrete, Wood, Other
Total Finished Area 10993 sqft
Utility Water Drilled Well
Parking Spaces
Name Spaces
Gravel
Parking Space(s)
Paved Yard
Visitor Parking
Land
Total Size 125.39
Access Type Highway access
Acreage Yes
Amenities Highway
Fence Type Partially fenced
Disposition Features Cleared, Fenced
Size of Irregular Land 125.39

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