Property Details
514-516 MAIN Street, Montague, Prince Edward Island, C0A1R0
COLDWELL BANKER/PARKER REALTY - CHARLOTTETOWN
Cell: 902-628-5610
$2,779,900 - For sale
This property offers not one, but two commercial buildings with a total of 23 units! Featuring 18 one-bedroom units and 5 two-bedroom units, this centrally located property in Montague is poised to be a lucrative investment. Located at 514 Main Street, this property has a walking score of 70 with most errands being very walkable. The lower level boasts approximately 4,256 square feet of unfinished space, presenting ample potential for further development and increased cash flow. Each building occupies approximately 9.4% of the parcel, suggesting additional room for expansion. The property benefits from convenient access and exit points on both Main Street and Queens Road. With numerous grants available for multi-unit buildings, this investment offers existing cash flow and the potential for additional units, making it an exceptional opportunity. (id:2471)
- Property Address:514-516 MAIN Street, Montague, Prince Edward Island, C0A1R0
- Property Type:Multi-family
- Community Name:Montague
- Title:Freehold
- Lot Size:1.58 ac|1 - 3 acres
- Sewage Type:Municipal sewage system
- Water Type:Municipal water
- Structure Style:Apartment
- Building Age:1942
- Heating Type:Oil, Furnace, Radiator
- Flooring:Carpeted, Tile, Vinyl, Other
- Basement Type:Full (Unfinished)
- Foundation Type:Poured Concrete
- Appliances Included:Stove, Dishwasher, Dryer, Washer, Refrigerator
- Rental Equipment:None
- Exterior Type:Wood shingles, Vinyl
- Amenities Nearby:Park, Playground, Shopping, Marina
REALTOR®
COLDWELL BANKER/PARKER REALTY - CHARLOTTETOWN
Cell: 902-628-5610
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.
- Map 514-516 MAIN Street, Montague, Prince Edward Island, C0A1R0
- Neighbourhood Information
514-516 MAIN Street, Montague, Prince Edward Island, C0A1R0
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