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549 North River Road, Charlottetown, PE, C1E 1J6

MLS® # 202619305
new listing
Commercial For Sale In West Royalty, Charlottetown, Prince Edward Island
$950,000

None Beds

549 North River Road, Charlottetown, PE
549 North River Road, Charlottetown, PE
549 North River Road, Charlottetown, PE
549 North River Road, Charlottetown, PE
549 North River Road, Charlottetown, PE
549 North River Road, Charlottetown, PE
549 North River Road, Charlottetown, PE
549 North River Road, Charlottetown, PE
  • Advertising
549 North River Road, Charlottetown, PE, C1E 1J6
$950,000

Property Information:

Fully leased, turnkey commercial investment on one of Charlottetown's established arterial corridors. This three-unit, three-level building offers 4,224 sq ft (3,966 sq ft net rentable) and has been extensively renovated and modernized since its 1985 construction, roof replaced approx. 4 years ago. Currently home to a stable mix of professional and healthcare-related tenants across two upper-floor office suites and a larger main/lower-level unit, with two shared washrooms in the common area. Site features 14 paved parking spaces, municipal water/sewer, and flexible Mixed-Use Corridor (MUC) zoning. Minutes to downtown Charlottetown with excellent visibility and accessibility. A well-maintained, diversified income property ideal for investors seeking a manageable, professionally tenanted asset in a stable PEI market. Financials available to qualified buyers upon request.

Property Features:

  • Annual Tax Amount: $8,940
  • Building Amenities: Air Conditioning, Security System, Air Conditioning, Security System
  • Building Features: Doors 10 - 15 Feet
  • Built in: 1985
  • Construction: Concrete
  • Documents on File: Aerial Photos, Appraisal
  • Driveway/Parking: Multi, Parking Spaces(s), Visitor Parking
  • Floor Space (approx): 0 Square Feet
  • Flooring: Other
  • Fuel Type: Electric, Oil
  • Heating/Cooling Type: Heat Pump -Ductless, In Floor
  • Lot Size: 0.19
  • Property Size: Under 0.5 Acres
  • Rental Equipment: None
  • Roof: Asphalt Shingle
  • Site Influences: Cleared, Shopping Nearby, High Traffic Location, Cleared, Shopping Nearby, High Traffic Location
  • Sub-type: Office
  • Title to Land: Freehold
  • Utilities: Electrical, Sewer, Telephone
  • Water Access/View: View: River
  • Water Frontage: River
  • Water Source: Municipal

Courtesy of: COLDWELL BANKER/PARKER REALTY

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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Market Price Trends

Single family detached

4.75%

Price change (1 year)

41.86%

Price change (5 years)

All Properties

3.82%

Price change (1 year)

41.88%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 549 North River Road, Charlottetown, PE, C1E 1J6

Demographic Information of 549 North River Road, Charlottetown, PE, C1E 1J6

Life Stage

Young Families

Employment Type

Service Sector/White Collar

Average Household Income

$89,836.24

Average Number of Children

1.74

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.9 %

High school certificate or equivalent

29.68 %

Apprenticeship trade certificate/diploma

3.1 %

College/non-university certificate

20.27 %

University certificate (below bachelor)

1.6 %

University Degree

33.46 %

Commuter

Travel To Work

By Car

86.13 %

By Public Transit

7.0 %

By Walking

4.72 %

By Bicycle

0.0 %

By Other Methods

2.15 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

46.61 %

Houses

53.39 %

Own Vs. Rent

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