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Home PE Greater Charlottetown Charlottetown Spring Park
374 UNIVERSITY AVE
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$439,000
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374 UNIVERSITY AVE
CHARLOTTETOWN, Prince Edward Island C1A4N3

MLS® Number: 12063289

Listing Description

UNIVERSITY AVE. COMMERCIAL BUILDING. THERE ARE 3 ONE BEDROOM APARTMENTS UPSTAIRS RENTED AT $595, $575, $575 HEATED AND 4 COMMERCIAL UNITS ON THE MAIN FLOOR AT $1700 HEAT & LIGHTS, $700 HEAT, TWO OFFICES AT $275 HEAT & LIGHTS EACH (ONE IS VACANT NOW) PLUS A SMALL STORAGE AND ELECTRICAL ROOM WITH OUTSIDE ENTRANCES. MAIN FRONT PART OF THE BUILDING IS AN OLDER BUILDING WITH A NEW ADDITIONAL PUT ON IN 2001. FURNACE IS APPROXIMATELY 15 YEARS OLD, OIL TANK IS APPROXIMATELY ONE + YEARS OLD FIBERGLASS TANK. ROOF IS 2001 AND 2005. PARKING FOR 10 TO 12. THIS IS A GREAT LOCATION FOR YOUR BUSINESS OR AS AN INVESTMENT. ALL DATES ARE TO THE BEST OF OUR KNOWLEDGE AND ALL SIZE AND MEASUREMENTS TO BE VERIFIED BY A PURCHASER. FULLY RENTED GROSS INCOME WOULD BE $56340. GST MAY BE APPLICABLE ON THE SALE. OWNERS ARE THE LISTING REAL ESTATE AGENTS. EXPENSES: Heat $6272.49; Electricity $1445.36; Water & Sewer $306.23; Snow Removal $840. +/- Insurance $2137.; Property Taxes $7268.; Grass $300. Total $18569.08 (13138326)

Property Summary

Property Type
Retail
Building Type
Retail
Storeys
2
Land Size
.17|under 1 acre
Age Of Building
80
Annual Property Taxes
$7,268
Time on REALTOR.ca
4423 days

Building

Building Features
Features
Corner Site
Present Use
Retail
Fire Protection
Smoke Detectors
Heating & Cooling
Heating Type
(Oil), Baseboard heaters, Hot water radiator heat
Business
Business Type
Retail and Wholesale
Neighbourhood Features
Amenities Nearby
Public Transit, Shopping

Measurements

Square Footage
4490 sqft

Land

Other Property Information
Access
Year-round access
Zoning Description
muc
902-628-5131
902-892-3403
902-628-5131
REALTOR® Website
Book showing
902-628-5455
902-566-3377
902-628-5455
REALTOR® Website
Book showing
LEONARD MOL