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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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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