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19777 Route 2Hunter River, PE C0A 1N0

$725,000List price
1954Year built
2Stories

Description

19777 Route 2!...Introducing an exceptional investment opportunity in the heart of Hunter River. This mixed-use commercial propertyoffers 5,000 sq. ft. of versatile space, combining commercial, office, and residential income under one roof. The commercial space,spanning approximately 2,000 sq. ft., is a standout feature. bright, open, and highly adaptable. With excellent visibility along Route 2and mixed-use commercial zoning, it?s perfectly suited for a restaurant, café, coffee shop, professional office, boutique retail store, orother high-exposure business. Its layout and location make it an ideal canvas for your next successful venture. The residential portion includes three fully occupied rental units, two three-bedroom units and one two-bedroom unit, providing a steady and reliable incomestream. Each unit is equipped with a heat pump, and tenants enjoy access to a shared laundry facility, adding convenience and long-term appeal. In 2017, the building underwent a complete renovation from the studs up. Upgrades include new windows, doors, trims,steel roof, flooring, heat pumps, and more. These improvements enhance both the aesthetic appeal and the long-term durability of theproperty, ensuring low maintenance for years to come. Strategically positioned with high exposure and strong traffic flow, this propertypresents a rare opportunity to secure a blend of commercial and residential income in the vibrant community of Hunter River. With itssolid rental history and extensive updates, it stands as a compelling and dependable investment. All measurements are approximateand should be verified by the purchaser. (id:31684)

Property Information

Property type
Commercial Sale
Year built
1954
Stories
2
Lot dimensions
0.19 acre
Ownership
Freehold
Zoning
Multi-Family
Listing #
202609718

Property Features

Appliances
Cooktop · Refrigerator · Dishwasher
Heating
Electric
Flooring
Hardwood · Laminate · Ceramic Tile
Basement
Finished · Full
Sewer
Unknown

Financial Details

Annual taxes
$7,723Tax year 2025
Parcel number
284364
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Listing Courtesy: ROYAL LEPAGE PRINCE EDWARD REALTY

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