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Renanza Realty
For sale

13774 Cascumpec Road

Fortune Cove, Prince Edward Island

MLS® 202515162

$699,000

Status
Active
Property type
Retail
MLS® number
202515162
Bedrooms
Bathrooms
Year built
1986

Listing description

This versatile 3,000 sq. ft. commercial building, situated on 2.

97 acres, offers a unique investment opportunity in a high-traffic location in Western PEI. Previously operated as a gas station and convenience store, the property has been recently upgraded to include three brand-new, one-bedroom apartments, each offering ground-level access, open-concept kitchen and living areas, wide doorways, and washer/dryer hookups. These units provide immediate rental income.

The main retail space presents endless possibilities and could easily be adapted to a variety of business ventures, such as a retail store, coffee shop, take-out counter, or a service hub catering to the many permanent and seasonal residents in the Mill River and Cascumpec areas. A drive-thru window is already in place, offering added convenience for customers and operational flexibility. Additional features include a private office, large storage area, and existing gas pumps, giving the potential to reinstate fuel services if desired.

With its prime visibility, road frontage, and proximity to local beaches, golf courses, and the town of Alberton, this property is ideal for investors or entrepreneurs looking to establish or expand a business in a growing area. Don't miss out on this opportunity to secure a well-located, income-generating property with multiple revenue streams and room for future growth.

Property summary

MLS® number
202515162
Property type
Retail
Square footage
3,000 sq ft
Title
Freehold
Land size
2.97
Built in
1986
Annual property taxes
$2,564.00
Parking
Other, Parking Space(s), Visitor Parking
Days on market
441 days

Features & details

Cooling
Ventilation system
Flooring
Concrete, Heavy loading
Lot features
Paved driveway
Community features
Public Washrooms

What would this home cost you?

Based on the $699,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$3,252 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of CENTURY 21 NORTHUMBERLAND REALTY, SUMMERSIDE.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.