
Other For Sale
$399,000
MLS® Number: 202611171
Floor Area
1,360
Land Size
0.89
Other For Sale
$399,000
Floor Area
1,360
Land Size
0.89
298 Main Street, Cornwall, Prince Edward Island
About This Property
?Prime Commercial Investment Opportunity in Cornwall | 0.89 Acre | Strong Income & Future Development Potential? Rare commercial investment opportunity located at the gateway to Cornwall, just minutes from downtown Charlottetown. This high-exposure property offers excellent visibility, convenient access, and outstanding future development potential. The property features approximately 0.89 acre of commercially zoned land with an existing 1,300 sq ft commercial building currently occupied by a stable tenant, providing immediate rental income for investors. In 2023, the owner completed extensive renovations and upgrades to the property, significantly enhancing both functionality and overall value. With its generous lot size and strategic location, this property offers exceptional flexibility for future expansion, redevelopment, or long-term investment holding. ?Property Highlights? ? Approx. 0.89 acre commercial lot ? Prime location at the entrance of Cornwall ? Minutes to downtown Charlottetown ? Approx. 1,300 sq ft commercial building ? Fully leased with stable rental income ? Extensive renovations and updates completed in 2023 ? High visibility and easy access ? Excellent investment and redevelopment potential ? Ideal for investors, owner-users, or future development projects A rare opportunity to own a high-potential commercial property combining immediate cash flow with long-term upside potential. Contact today for more information or to schedule a viewing.
Property Details
Interior Details
Flooring
Other, Wood
Living Area
1360 sqft
Land & Location
City Region
Cornwall
Lot Size Area
0.89
Lot Size Dimensions
0.89
Postal Code
C1C1R3
Listing & Financials
Listing Office
HOMELIFE P.E.I. REALTY INC.
Originating System Name
Prince Edward Island Real Estate Association
Other Specifications
Common Interest
Freehold
Country
Canada
Listed By
HOMELIFE P.E.I. REALTY INC.
Mortgage Calculator
Estimated Monthly Payment
$1,960
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$1,960
Principal and interest only. Actual rates may vary.