25001 ROUTE 2 , KENSINGTON C0B 1M0

$699,000

Trailside Shopping Plaza and Bottle Exchange Business represents an exceptional opportunity to acquire a fully tenanted 8500 sf retail shopping centre in Kensington, PEI. Only 13 years old, the property consists of a 6000 sf retail space with three tenants (Sleep Factory, (name) Restaurant and Baywinds Auto) along with a 9 year old 2500 sf Bottle Exchange building. Ideally located close to the busy municipalities of Kensington and Summerside with a large frontage along Highway 2. This opportunity provides attractive returns, secure cash flows from high quality tenants , and future net operating income growth through increased leasing activity or owner business set-up. Furthermore, this property is located on approximately 2.1 acres of land strategically located for potential future development. Roadside signage, two entrances, paved parking lot, public washroom, Credit Union Bank drive through on site. Call today for further information or to arrange to view this commercial property. New commercial septic system, new steel roof Feb 2017.

For further information contact:
Nicolle Morrison



Property Information:

Listing ID#: 16083502
Type: Commercial Retail
Zoning: COM
# Floors:
Construction: Wood Frame
Heating: Oil
Roofing:
Fire Protection:
Parking:
Land: acre(s)2.09
Area: (sq. ft.)8,400
Taxes:$ 3,962
Age: 13
Gross Revenue:
Total Expenses: $
Net Income: $ 0


* All financial information given on this site is based on our best knowledge at the time of posting and should not be relied upon when determining cost or affordability of a particular property. You should consult your financial institution before making any undertaking that would be legally binding. All financial postings on this site are based on 5% downpayment. Please note that to purchase real estate with 5% down you will need to be able to obtain mortgage insurance which is not available in all cases. Monthly payments are based on the best posted mortgage rates from a Canadian chartered bank. You will be required to qualify for a mortage. Financial institutions have different means of qualifying you. You should contact your bank to determine if your income qualifies you to purchase the property that you are interested in. Financial information posted here does not take into consideration additional fees that may apply in your situation.


©PEIWebDesign.com 2017, All Rights Reserved
Terms of Service | Privacy Policy

NICOLLE MORRISON, Century21 Northumberland Realty
Call: 902-436-2265 or Email: nicolle@century21pei.com