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219-221 University Avenue Charlottetown, Prince Edward Island C1A 4L6

1200

$429,000

Commercial/Residential property on University Ave in downtown Charlottetown with view of Government House and walking distance to all amenities. The entire property was gutted in 2015 with new siding, new heatpump, new wiring and plumbing. Fire sprinkler and alarm system for the entire building. Main floor 600sqft is a dine in restaurant with commercial kitchen with 9 feet stainless steel range hood. Upstairs 600sqft is a one bedroom apartment. Full unfinished basement for additional storage of the restaurant. Restaurant tenant is paying $2150/mth (lease end Aug2022) including all restaurant fixtures and equipment. Tenants pay all utility expense except internet/TV. The wheelchair ramp at front door has 2 feet encroachment with the City of Charlottetown. Parking Lot at Chestnut St and University Ave does NOT belong to this property. Listing agent is the vendor. All measurements and square footage calculations are approximate and should be verified by the Buyer or Buyers Agent. Owner never live in the property, no PCDS, SOLD AS IS WHERE IS. (id:34223)

Business

Business Type Restaurant, Residential
Business Sub Type Restaurant, Residential

Property Details

MLS® Number 202114499
Property Type Retail
Community Name Charlottetown
Equipment Type Propane Tank
Rental Equipment Type Propane Tank

Building

Fireplace Present No
Flooring Type Other
Stories Total 2
Size Interior 1200
Total Finished Area 1200 Sqft
Utility Water Municipal Water

Parking

None

Land

Acreage No
Size Irregular 0.04
Size Total 0.0400|under 1/2 Acre
Size Total Text 0.0400|under 1/2 Acre
Zoning Description Downtown Mixed-use (dmu)

https://www.realtor.ca/real-estate/23313622/219-221-university-avenue-charlottetown-charlottetown

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