• Commercial
• Lot Size: .51 ACRE
• Square Footage: 7075
• Waterfront Property
• Charlottetown
• MLS #: 10048352

JUST LISTED IN CHARLOTTETOWN AT #525 NORTH RIVER RD ON OVER 1/2 ACRE WITH WATER FRONTAGE. THIS 20 YEAR OLD, WELL CARED FOR BUILDING HAS 6,200 SQ FT. THE MAIN FLOOR & LOWER LEVEL OF THE BUILDING ARE OCCUPIED BY A HIGH END ART GALLERY/FRAMING COMPANY THAT HAS A 5 YEAR LEASE PLUS A POSSIBLE OPTION FOR ANOTHER 5. THE UPSTAIRS LEVEL FEATURES 2 HUGE APARTMENTS. BOTH 2 BDRMS, LG EAT-IN KITCHEN, L/R, STORAGE & WATERVIEWS. THESE UNITS ARE RENTED MONTHLY WITH LONG TERM TENNANTS (3-7 + YRS). THERE IS ANOTHER BUILDING ON THE PROPERTY WHICH HAS 2-1 BDRM UNITS ALSO RENTED. THERE IS A POSSIBILITY OF ADDING ON OR ERECTING ANOTHER 2 UNIT BUILDING ON THE PROPERTY. THIS IS AN EXCELLENT OPPORTUNITY TO OWN A FULLY RENTED PROPERTY, WITH THE MAIN COMMERCIAL TENANT ON A 5+YEAR LEASE. IN AN EXCELLENT LOCATION. FOR MORE INFORMATION, PLEASE CONTACT AGENT.