4557 Wharf & 23 Owens Wharf Road Cardigan, Prince Edward Island C0A 1G0
$778,000
Prince Edward Island waterfront business or restaurant opportunity. With two large decks facing the Cardigan River and marina, there is lots of potential to own a profitable business on 500 feet of beautiful waterfront property. If you are looking for a growth potential business, this has ample opportunity and reputation as a business which has been established for over 35 years as Cardigan Lobster and Seafood Restaurant and 1888 Pub and newly renovated lounge called Reggaeton Bar. There is a large holding pound for lobster in the lower level, as the restaurant has specialized in seafood, in addition to steaks and a variety of regional cuisine. The restaurant is fully licensed and rated as a top restaurant by Trip Advisor in the area. Further potential for income is possible as the lower level of the building, which is currently used for storage, could be used to expand the business as it has two adjoining lounges, and is the location of the second large deck by the water. There is a large parking lot. All permits are current. Also included is a four unit renovated insulated fourplex building with every unit having 3 bedrooms. This fully equipped building has a 3 star rating with two private entrances, a private water access, a playground, etc. No PCDS, property being sold ?as is where is?. PLEASE NOTE: Package price to be $778,000.00, Restaurant Building 4557 Wharf Road can be purchased separate for $410,000.00 and the Fourplex Building 23 Owens Road can be purchased separate for $395,000.00. (id:50344)
Business
| Business Type | Restaurant |
| Business Sub Type | Restaurant |
Property Details
| MLS® Number | 202315670 |
| Property Type | Other |
| Community Name | Cardigan |
| Amenities Near By | Water Nearby |
| Community Features | Public Washrooms |
| Water Front Type | Waterfront On River |
Building
| Construction Material | Wood Frame |
| Flooring Type | Other |
| Stories Total | 2 |
| Size Interior | 15300 |
| Total Finished Area | 15300 Sqft |
| Utility Water | Ground-level Well |
Parking
| Gravel | |
| Parking Space(s) | |
| Paved Yard | |
| Other |
Land
| Acreage | Yes |
| Land Amenities | Water Nearby |
| Land Disposition | Cleared |
| Size Irregular | 0.5 + 1.0 Acres |
| Size Total Text | 0.5 + 1.0 Acres|1 - 3 Acres |
| Zoning Description | Commercial |
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August 07 2023 06:39:05
Prince Edward Island Real Estate Association
Exit Realty Pei, Royal LePage Prince Edward Realty