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51 Grafton Street, Charlottetown, PE, C1A 1K8

MLS® # 202528906
Commercial In Downtown Charlottetown, Charlottetown, Prince Edward Island
$1,190,000

None Beds

51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
51 Grafton Street, Charlottetown, PE
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51 Grafton Street, Charlottetown, PE, C1A 1K8
$1,190,000

Property Information:

Discover an exceptional investment asset located at a prominent, high-traffic intersection in the vibrant center of downtown Charlottetown. This distinguished three-story building seamlessly blends commercial stability with residential comfort, offering a proven track record of income generation. The ground floor features established commercial retail space with a legacy of over 20 years of successful restaurant operations, ensuring high visibility and consistent foot traffic. The upper two levels are comprised of three spacious residential units, two of the units are a two-bedroom, one-bathroom layout, and the third is a three bedroom, one bathroom layout. The building is currently 100% occupied, providing immediate cash flow for the new owner. Ideally situated for both tenants and clientele, the property is surrounded by major office buildings, commercial centers, and shopping venues. As a hub for summer tourism, the location benefits from the seasonal influx of visitors while maintaining a steady local clientele year-round. Uniquely for the downtown core, the property includes a private two-car driveway for the owner's exclusive use, while tenants and customers enjoy the convenience of ample surrounding street parking. Whether you are a seasoned investor seeking a turnkey portfolio addition or looking for a mixed-use property for personal ownership, this building represents a rare opportunity in PEI’s capital.

Property Features:

  • Annual Tax Amount: $19,483
  • Built in: 2025
  • Conditional Clause: FIN, INS, Other
  • Driveway/Parking: Paved, Single, Other
  • Floor Space (approx): 0 Square Feet
  • Flooring: Concrete, Other
  • Fuel Type: Oil
  • Heating/Cooling Type: Baseboard, Furnace
  • Lot Size: 0.11
  • Property Size: Under 0.5 Acres
  • Rental Equipment: Propane Tank
  • Roof: Asphalt Shingle
  • Site Influences: Public Transportation, Visual Exposure, High Traffic Location, Other, Public Transportation, Visual Exposure, High Traffic Location, Other
  • Sub-type: Other, Residential Units, Restaurant
  • Title to Land: Freehold
  • Utilities: Cable, Electrical, Municipal Water
  • Water Source: Municipal

Data provided by: Nova Scotia Association of REALTORS® 68 Highfield Park Drive, Suite 112, Dartmouth, Nova Scotia B3A 0E4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 51 Grafton Street, Charlottetown, PE, C1A 1K8

Demographic Information of 51 Grafton Street, Charlottetown, PE, C1A 1K8

Life Stage

Later Years

Employment Type

Service Sector/White Collar

Average Household Income

$124,608.82

Average Number of Children

1.65

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

8.19 %

High school certificate or equivalent

25.4 %

Apprenticeship trade certificate/diploma

2.97 %

College/non-university certificate

21.97 %

University certificate (below bachelor)

1.73 %

University Degree

39.74 %

Commuter

Travel To Work

By Car

57.1 %

By Public Transit

6.81 %

By Walking

33.16 %

By Bicycle

1.63 %

By Other Methods

1.3 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

73.04 %

Houses

26.96 %

Own Vs. Rent

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