$3,990,000 FOR SALE

Office

243 Heather Moyse Drive
Summerside, PE C1N 5R1

Seize the opportunity to own approximately 20,000 SqFt of prime commercial property in picturesque Prince Edward Island. This well-maintained building is strategically located and comes with the added advantage of two long-term leases in place, securing income from both private and government tenants. From a development perspective, it doesn't get much better than this. A 20+ Storey Condominium Development would be ideal on this property. Benefit from established, long-term leases with reputable private and government organizations, ensuring reliable cash flow and a very attractive Cap Rate. Situated in a high-traffic area, providing excellent visibility and accessibility for your tenants and future ventures. Designed to accommodate a range of commercial uses, making it a flexible investment opportunity. The property has been meticulously cared for, with modern amenities and infrastructure in place. Whether you're an investor looking for a secure income stream or a business owner seeking a strategic location, this property offers a unique opportunity to capitalize on PEI's thriving commercial market. (id:47423)

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Listed By CENTURY 21 NORTHUMBERLAND REALTY
Data Provided By Prince Edward Island Real Estate Association
MLS® Listing Number 202418583
Last Updated Aug 05, 2024
Property Summary
Property Type Office

More like this:
Use Professional Office(S)
Community Summerside
Price History
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Detailed Information
Equipment Propane Tank
Listing Contract Date 2024-08-02
Municipal ID 780221
Ownership Type Freehold
Property Type Office
Rental Equipment Propane Tank
Transaction Type For sale
Views View of water
Zoning Description Commerical
Business
Business Type Other, Other, Other
Business Subtype Professional office(s), Other, Offices
Building
Amenities Air Conditioning
Constructed Date 1992
Construction Material Wood frame
Flooring Type Concrete
Total Finished Area 19987 sqft
Utility Water Municipal water
Parking Spaces
Name Spaces
Parking Space(s)
Paved Yard
Visitor Parking
Other
Land
Total Size 1 - 3 acres
Acreage Yes
Disposition Features Cleared

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