$1,290,000 FOR SALE

Commercial/Retail

7567 Cavendish Road
North Rustico, PE C0A 1X0

Introducing 7569 Cavendish Road!...Fantastic Investment Opportunity...Turn-Key Cottage Business in North Rustico! Here's your chance to step into ownership of a thriving cottage business nestled in the highly sought-after area of North Rustico. This fully operational venture comprises 2one-bedroom cottages, 8 two-bedroom cottages, and an inviting above-ground swimming pool, all situated on a sprawling 13.2-acre plot ? a rarity in this coveted location. Convenience meets serenity, as the property is a mere 10 minute stroll from the beach, with Cavendish just a short drive away. It has excellent occupancy rates combined with a huge returning clientele. PEI vacationers flock here to enjoy proximity to the beach and all essential amenities, making this establishment a successful enterprise for almost three decades. In addition to the cottages, the property boasts an office building with manager's quarters, ensuring smooth operations, and a separate laundry out-building for client convenience. The package includes all essentials for seamless management, from sheets and linens to various supplies and utility carts. Each cottage has been thoughtfully updated and renovated in recent years, presenting guests with modern comfort in a rustic setting. They come fully furnished and equipped, primed for immediate rental. The vast 13.2-acre expanse not only allows for expansion opportunities but also presents the possibility of realizing your dream home on the same premises. Whether you're seeking a sound investment or envisioning a lifestyle change, this turn-key cottage business offers endless possibilities for growth and fulfillment. Call today for more info! (id:47423)

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Listed By ROYAL LEPAGE PRINCE EDWARD REALTY
Data Provided By Prince Edward Island Real Estate Association
MLS® Listing Number 202409792
Last Updated Aug 12, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Use Recreational
Community North Rustico
Price History
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Detailed Information
Listing Contract Date 2024-05-09
Municipal ID 704114
Ownership Type Freehold
Property Type Other
Transaction Type For sale
Zoning Description Commercial
Business
Business Type Recreation
Business Subtype Recreation
Building
Constructed Date 2017
Flooring Type Other
Utility Water Ground-level well
Parking Spaces
Name Spaces
Other
Land
Total Size 13.2 ACRES | 10 - 49 acres
Acreage Yes
Size of Irregular Land 13.2 ACRES

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