For Sale

70 NICHOLAS Lane Unit# Unit 2, Charlottetown, Prince Edward Island C1E0H4

$398,000

70 NICHOLAS Lane Unit# Unit 2, Charlottetown, Prince Edward Island C1E0H4 is For Sale and has a listing price of 398,000. The property is located in the neighbourhood. It's been on the website for 70 Days.

  • Retail
    Property Type
  • Visitor Parking
    Parking
  • MLS ID: 202419784
  • Office Name EXIT REALTY PEI
Property Description

This 5 year old commercial space presents a fantastic investment opportunity, especially suited for contractors or those in need of commercial storage. The property features a 20 foot high ceiling, offering ample vertical space, along with an office, bathroom, heat pump, and electric water heater for comfort and convenience. The automatic rolling shutter bay door ensures easy access, and the property includes seven exclusive parking spaces, ideal for both employees and customers. Located in a prime spot on the Trans Canada Highway, this property benefits from high visibility, with the added advantage of being next to the new Nissan dealership and near the Charlottetown shopping mall. This location provides excellent opportunities for free advertising due to the high traffic in the area. The condo fee is $2,000 per year, covering essential services such as water, sewage, condo insurance, grass cutting, and snow removal. The space is currently occupied by a long-term tenant, making it a secure and steady investment. All measurements are approximate and should be verified by purchaser if deemed necessary. Listing agent is related to one of the Vendors. (id:43137)

Property Details
  • MLS ID: 202419784
  • Price: $398,000
  • Transaction Types: For Sale
  • Ref ID: 27296705
  • Year Built: N/A
  • Approx Sqft: 1070 sqft
  • Property Type: Retail
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
08/15/2024 202419784 $398,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Charlottetown
  • $486,014 Average List Price
    based on 1 year
  • 23 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 100 % Below
  • Sold (12mo) 0
  • Rented (12mo) 0

  • 1 Month Change +14.3%
  • 3 Month Change -12.1%
  • 6 Month Change -16.1%
Walkscore
Property Type Distribution
  • All Houses
    70.77%
  • Commercial
    11.53%
  • Condo
    13.9%
  • Land for Sale
    3.79%
Additional Details
  • Water Municipal Water
  • Fireplace False
  • Security Smoke Detectors
  • Parking Visitor Parking, Parking Space(s), Paved Yard
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 15/08/2024 00:00:00
  • Zoning A3-5
  • Agent Name: Feihong Duan
  • Last Updated: 26/11/2024 18:11:22
Open House Dates
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