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CENTURY21
Northumberland Realty (1987) Ltd.

OFFICE SPACE for lease or sale

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For sale
$249,900
479 Church Street, alberton, Prince Edward Island

479 Church Street

Alberton, Prince Edward Island

Attention investors, here is a rental property in the town of Alberton. This property has been very well maintained. It has own paved customer parking. Featuring a new shingled roof in 2020, new oil tank, new furnace, new hot water heater, some new windows. Building has 3100 sq ft of space. Features a main entry with 3 professional tenants. Additional rental income options available within the building. Gross revenue is $27,000 plus. Contact your Realtor today to set up a showing. (id:50344)

3100
For sale
$1,500
595 Read Drive, summerside, Prince Edward Island

595 Read Drive

Summerside, Prince Edward Island

Office and Retail spaces for rent in a high traffic area at 595 read drive in Summerside. Rent amount will depend on amount of space and lease hold improvements required. Rent can include. heat and lights. Unit can be designed to your need. Individual offices available. Large warehouse area available in needed. up to 5000 square feet warehouse space available. (id:50344)

1500
For sale
$1,900,000
290-292 Water Street, summerside, Prince Edward Island

290-292 Water Street

Summerside, Prince Edward Island

Exceptional downtown commercial office buildings with long term tenants. Strong consistent income but still opportunity for growth. 290 Water St was built in 1986 and was known as the National Bank building. It has four floors of finished office space with an elevator. Connected to it is 292 Water St. It was built in 1926 by the Dominion Fox Company of Canada. It is currently known as the Hickey and Hyndman Insurance Building. It has three floors of office space with a full basement used for storage. (id:50344)

For lease
$16 / ft2
305 Church Street, tignish, Prince Edward Island

305 Church Street

Tignish, Prince Edward Island

Space to lease in town of Tignish. This is a brand new building known as the Gomez Dental Clinic building. There is three, approximately 800 sq.ft each units to be leased of if tenant requires more or all of the space then the owners are open to that. Minimum lease period will be one year lease. These units are all at ground level and wheelchair accessible. Tenants will be required to pay their own utilities plus lease rate of $16.00 sq.ft with a $250 maintenance fee and are HST tax applicable. Water & sewer included in lease rate. These units remain to be completed and if potential tenants needs extra space of all space, that can be negotiated to be done. This property is located on a high traffic street in town and has high visibility to the public. Call me today for more info to lease these professional units. (id:50344)

For sale
$1,650,000
82-96 Kent St, charlottetown, Prince Edward Island

82-96 Kent St

Charlottetown, Prince Edward Island

This is a profitable DMUN zoned multi purpose heritage property in the heart of Charlottetown, across from the city's most tourist scenery including city hall. The property is made up of connected 3 buildings and contains 7 apartments and presently 6 office and 1 restaurant. This property shows great numbers with a positive attractive cap rate. Financials are available for serious purchaser. Because there are both multi family units and commercial units, some part of the property will be subject to HST. Please note all showings will require at least 24 hours notice. Heating for the property is from the PEI Energy system which is a clean, low-carbon energy, also enhances reliability and helps control costs. The restaurant has a new 3 years lease with $1800 plus HST, other commercial and residential units are all in strong investment rent agreement. Vendor has made a list of upgrades. Any and all measurements are approximate. The lot size is from the PEI tax records. Don't miss the the Inflation-Resistant and multi use property! (id:50344)

9000
For lease
$20 / ft2
50 Watts Avenue, charlottetown, Prince Edward Island

50 Watts Avenue

Charlottetown, Prince Edward Island

This great building offers over 30,000 sq/ft of office space between two levels and is situated in an Industrial Park! The space can be divided into several suites to accommodate tenants with different office size needs. The building is centrally located in Charlottetown and less then 10 minutes to the downtown core and only a few minutes to the bypass. It has previously been utilized by a Call-Centre company for the last 20 years and was well equip to handle all aspects of a large company in a professional setting. The space can easily be adjusted for smaller office spaces as well. It includes several manager offices, over 100 call stations, meeting rooms, a large welcoming reception area, cafeteria and more. There are approximately 30 parking spaces located around the building and 100 parking spaces on the adjacent parking lot. Call for more info! (id:50344)

30685

Much as many people have taken to working from home and having their office in a spare bedroom, there are still many situations where it is appropriate to have a commercial office. If you have clients who visit you or you are hiring local people to work for you or you just need the exposure to gain more clients, then having a visible office in a commercial zone would be more ideal than working from home.

Commercial office space is availanble for sale or lease. Purchasing usually means buying a whole office building. Sometimes these buildings may be office only but in some cases they will have apartments on the upper floor(s). If you are looking for a smaller amount of space and a smaller financial commitment, then you will be looking at rented/leased space. You can lease single offices or office suites. You can also lease smaller building in their entirety, should you need a larger space but not want or be able to purchase.

Should you be interested in purchasing an office building, be aware that these are commercial mortgages and are more complex and difficult to secure.

If you are planning to lease, most commercial leases  are based on a net lease.  This means that you will  pay an agreed upon price per square foot as well as a common areas fee,  which is a prorated portion of the landlord’s  expenses based on the portion of the building you occupy.