$398,000 FOR SALE

Commercial/Retail

70 Nicholas Lane #2
Charlottetown, PE C1E 0H4

This 5 year old commercial space presents a fantastic investment opportunity, especially suited for contractors or those in need of commercial storage. The property features a 20 foot high ceiling, offering ample vertical space, along with an office, bathroom, heat pump, and electric water heater for comfort and convenience. The automatic rolling shutter bay door ensures easy access, and the property includes seven exclusive parking spaces, ideal for both employees and customers. Located in a prime spot on the Trans Canada Highway, this property benefits from high visibility, with the added advantage of being next to the new Nissan dealership and near the Charlottetown shopping mall. This location provides excellent opportunities for free advertising due to the high traffic in the area. The condo fee is $2,000 per year, covering essential services such as water, sewage, condo insurance, grass cutting, and snow removal. The space is currently occupied by a long-term tenant, making it a secure and steady investment. All measurements are approximate and should be verified by purchaser if deemed necessary. Listing agent is related to one of the Vendors. (id:47423)

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Listed By EXIT REALTY PEI
Data Provided By Prince Edward Island Real Estate Association
MLS® Listing Number 202419784
Last Updated Aug 16, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Use Warehouse
Community Charlottetown
Price History
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Detailed Information
Amenities Nearby Highway
Listing Contract Date 2024-08-15
Municipal ID 1811314
Ownership Type Freehold
Property Type Retail
Transaction Type For sale
Zoning Description Commerical
Business
Business Type Industrial, Other
Business Subtype Warehouse, Offices
Building
Amenities Air Conditioning
Constructed Date 2020
Construction Material Concrete Walls
Fire Protection Smoke Detectors
Flooring Type Concrete, Heavy loading
Stories Total 1
Total Finished Area 1070 sqft
Utility Water Municipal water
Parking Spaces
Name Spaces
Parking Space(s)
Paved Yard
Visitor Parking
Land
Total Size N/A | under 1/2 acre
Access Type Highway access
Amenities Highway
Disposition Features Cleared
Size of Irregular Land N/A

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