|Property TypeOther||Built in1932|
This is a great commercial building in a prime downtown location that includes a space previously used by an established restaurant, the Tai-Chi Garden. The 3-storey building was formerly a 5-unit apartment building, which with the proper permits from City Planning can be partially converted back to residential units for potential income as it still has 5 and a half bathrooms and 4 kitchens remaining. Property has 3 parking spaces and is well landscaped front & back. Many updates completed by the current owner, this is your opportunity to own and run a business in Charlottetown. The property offers opportunities for various uses but any use other than single residential will need a permit from City Planning. At this price, you can make the updates or changes required by the City and still achieve over 7% ROI. All measurements are approximate and should be verified.
|Business TypeOther, Restaurant, Residential||Business Sub TypeOffices, Restaurant, Residential|
|Utility WaterMunicipal water|
Listing Office: RE/MAX CHARLOTTETOWN REALTY
Data Provided by Prince Edward Island Real Estate Association
Last Modified :02/07/2017 08:15:12 PM
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