202&216 University Avenue, Charlottetown, Prince Edward Island C1A 4L5

Listed for:
$1,150,000
0 beds
0 baths
Listed 12 days ago
202&216 University Avenue, Charlottetown, Prince Edward Island C1A 4L5

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About

Situated on the corner of University Avenue and Euston Street in downtown Charlottetown. Opportunities like this in the heart of Charlottetown's downtown core simply do not come along often. Situated on the high-profile corner of University Avenue and Euston Street, this rare two-parcel commercial assembly offers outstanding visibility, exceptional foot and vehicle traffic, and the flexibility of Downtown Mixed Use (DMU) zoning, one of the most versatile designations in the city. The package includes two properties sold together totaling 0.28 acres. The first parcel (PID 358960, formerly Sea Treat) is 0.16 acres and features a single storey building with approximately 1,538 square feet of ground floor space. The second parcel (PID 358952) sits on 0.12 acres with a wood frame single storey building offering approximately 1,700 square feet of ground floor space, bringing the combined footprint to over 3,200 square feet of usable commercial space. Whether you're an investor looking to capitalize on an established commercial location, a developer with an eye for the site's redevelopment potential, or an owner-operator seeking a flagship downtown presence, this property delivers. DMU zoning opens the door to a wide variety of permitted uses. Paved parking, public transit access, and a corner site location round out an already compelling package. Downtown Charlottetown continues to attract investment and foot traffic year-round. Corner sites on University Avenue at this scale rarely trade hands, don't miss your chance to secure a piece of the island's most vibrant commercial district. (id:27476)

Property Highlights

MLS® Number
202609591
Type
Other
Community Name
Charlottetown
Ownership Type
Freehold
Land Size
0.2800|under 1/2 acre

Building

Square Footage
3238 sqft
Amenities
Shopping
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
PROVINCIAL REALTY
MLS® number:
202609591
Agent:
Lindsey Vessey
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