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243 Heather Moyse Drive Summerside, Prince Edward Island C1N 5R1

19987 sqft
Acreage

$3,990,000

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:27714)

Business

Business Type Other, Other, Other
Business Sub Type Professional office(s), Other, Offices

Property Details

MLS® Number 202418583
Property Type Office
Community Name Summerside
Equipment Type Propane Tank
Rental Equipment Type Propane Tank
View Type View Of Water

Building

Amenities Air Conditioning
Constructed Date 1992
Construction Material Wood Frame
Flooring Type Concrete
Size Interior 19987 Sqft
Total Finished Area 19987 Sqft
Utility Water Municipal Water

Parking

Parking Space(s)
Paved Yard
Visitor Parking
Other

Land

Acreage Yes
Land Disposition Cleared
Size Total Text 1 - 3 Acres
Zoning Description Commerical

https://www.realtor.ca/real-estate/27246743/243-heather-moyse-drive-summerside-summerside

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