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Home PE Greater Charlottetown Charlottetown Downtown Charlottetown
83 Water Street
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83 Water Street $699,900
$699,900
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83 Water Street
Charlottetown, Prince Edward Island C1A5N5

MLS® Number: 202505861

Listing Description

Welcome to 83 Water Street, Charlottetown ? a rare and exceptional opportunity awaits you in the heart of the city. This commercial lot featuring a thriving restaurant is now available for sale, making it an extraordinary find for investors and entrepreneurs alike. Situated in the vibrant Downtown Mixed Use Neighbourhood (DMUN) zoning, this property allows for a dynamic blend of retail and residential possibilities, catering to a diverse range of potential ventures. The strategic location of 83 Water Street ensures maximum visibility and accessibility, making it a prime spot for a business to flourish. Under the current bylaws, the property boasts a height allowance of 39.5 feet, offering architectural flexibility and the potential for innovative design concepts. Additionally, the existing bylaws permit the creation of 3 units, providing a solid foundation for immediate utilization of the space. The forward-thinking owner has recognized the untapped potential of this prime location and is prepared to make an application for a variance. This strategic move aims to unlock further opportunities by allowing for an expansion of units, maximizing the utility and value of the property. Invest in the future of Charlottetown's downtown landscape with 83 Water Street. Whether you envision an expansion of residential units, additional retail spaces, or a unique combination of both, this property offers the canvas for your entrepreneurial dreams. Seize this rare chance to be part of Charlottetown's dynamic urban growth. Contact us today to explore the endless possibilities that 83 Water Street holds for your business and investment aspirations. (230582097)

Property Summary

Property Type
Retail
Storeys
1
Community Name
Charlottetown
Title
Freehold
Land Size
0.0800|1/2 - 1 acre
Built in
1968
Time on REALTOR.ca
29 days

Building

Interior Features
Flooring
Other
Building Features
Features
Paved driveway
Construction Material
Wood frame
Heating & Cooling
Cooling
Ventilation system
Utilities
Water
Municipal water
Business
Business Type
Restaurant (Restaurant)
Neighbourhood Features
Community Features
Public Washrooms

Measurements

Square Footage
1300 sqft
Total Finished Area
1300 sqft

Land

Other Property Information
Zoning Description
DMUN
Data provided by: Prince Edward Island Real Estate Association Unit L100 - 3 Lower Malpeque Road, Charlottetown, Prince Edward Island C1E 1R4
Greg Rivard