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CENTURY21
Northumberland Realty (1987) Ltd.

RETAIL SPACE for lease or sale

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For sale
$419,000
7236 Cavendish Road|Route 6, north rustico, Prince Edward Island

7236 Cavendish Road, Route 6

North Rustico, Prince Edward Island

This has been a successful restaurant/take out business for over 40 years. This area is where people create successful restaurants and the location has one of the best visibilities because of its situation on the corner of Route 6 and Harbourview Drive. A very high percentage of visitors to the island drive by this location which gives a huge road side opportunity. There is ample parking for the size of the business and this property is zoned commercial so if you want to create something other than a restaurant the location will provide you with lots of drop in traffic and visual presence. The village of North Rustico is growing quickly and so are the opportunities. (id:50344)

1408
For sale
$2,250,000
3156 WEST RIVER Road, st. catherine's, Prince Edward Island

3156 West River Road

St. Catherine's, Prince Edward Island

The Matos family culture is built on the time-honored principles of hard work, integrity, uncompromising desire for quality, and long-term stewardship of the land. Looking for a Turn Key Business with a National and International reputation for quality? Look no further than Matos Winery & Distillery! The Business has 2 licenses (Winery & Distillery) and also is an approved vendor by the PEI Liquor Control Commission. The Matos brand produces 10 different types of wines and liquors, some of them achieved National and International Awards for Quality, Purity & Fine Taste. The Matos business includes 53 acres of farm land planted with the finest grapes from all over the world. A 2 story winery building accommodates the winery and the retail shop, one of PEI's tourist destinations. The Matos family has created something special here, and they are passionate about sharing it with the world. If you are looking for an opportunity to get in on the ground floor of something big, this is it! (id:50344)

4992
For sale
$525,000
8528 Cavendish Road|Rte 6, cavendish, Prince Edward Island

8528 Cavendish Road, Rte 6

Cavendish, Prince Edward Island

Fantastic opportunity to purchase a successful dairy bar/ takeout in the heart of Cavendish, PEI. Captain Kidds is a turnkey business awaiting its new owners in this very popular and highly populated tourist driven communitiny. Located along a busy road offers this business extensive visibility and exposure. This 968 sq ft building sits on a large 0.73 commercially zoned oceanview lot, with an additional 1,088 sq ft of patio space wrapped around the front of the building. The large paved parking lot offers ample parking spaces for many customers. The building is only 13 years old and has been very well maintained over the years. In 2021 there was an additional piece built on that is used for additional storage space for inventory, and is also currently used as an office space. The business is being sold turnkey with all kitchen equipment included, leaving you with everything you require to continue to operate this successful business for years to come. Financials and additional information is available upon signing a Non-Disclosure Agreement. Note: All measurements are approximate and to be verified by the Buyer if deemed necessary. (id:50344)

968
For sale
$499,900
48 Belmont Street, charlottetown, Prince Edward Island

48 Belmont Street

Charlottetown, Prince Edward Island

[VIDEO TOUR available - click virtual tour/multimedia link to view] 48 Belmont Street - the perfect new spot for your commercial dream! Use this location for your restaurant, or turn it into a retail storefront! With a dining room and full kitchen, the existing equipment can be negotiated into the price. Commercial space in a high-traffic location in Charlottetown - move on your dreams now! All measurements are approximate and should be verified by the Buyer(s) Search the property address on YouTube to see the video. (id:50344)

1050
For sale
$595,000
7788 St Peters Road, morell, Prince Edward Island

7788 St Peters Road

Morell, Prince Edward Island

If you are looking for a restaurant with a fantastic reputation and huge sales this is it! After many years of growing a successful business the owners of this location have decided to pass the torch. Purchase price includes building, business, equipment, dairy bar. Owner willing to train purchasers. (id:50344)

2800
For sale
or rent
$669,000
259 Queen Street, charlottetown, Prince Edward Island

259 Queen Street

Charlottetown, Prince Edward Island

STUNNING DOWNTOWN CHARLOTTETOWN HOME JUST STEPS AWAY FROM THE CHARLOTTETOWN WATERFRONT ! This home is also zoned residential so it could have a business in it or convert into rentals. The possibilities are endless for this property , it could be a three story rental, family home , business or you could live here and run your own business. This stunning 3 story downtown home was originally built for the Charlottetown Fire Chief . The deep history and stunning architectural elements add so much character. This has been a family home and business for many years and has been cared for with love. The property will enchant everyone as you enter the grand foyer featuring stone floors. Beautiful original woodwork and a working cast iron fireplace add to the character. Upgrades include: new kitchen, most windows, beautiful new entry door, lighting and more. This home boasts 5 bedrooms, 1.5 bathrooms, 2 offices, a den, studio, large living room, dining room and more. Set on 3 stories with a beautiful backyard oasis. There is a bathroom on the main floor, a full bath on the 2nd floor and could have one put on the 3rd floor. Steps away from Victoria Park, downtown restaurants, Confederation Centre , shopping and more. All measurements are approximate and should be verified by the purchaser. (id:50344)

2376
For sale
$2,750,000
94-96 Queen Street, charlottetown, Prince Edward Island

94-96 Queen Street

Charlottetown, Prince Edward Island

Large commercial rental building on Queen Street in prime Commercial section of Charlottetown. Current home to the China Garden Restaurant, Vanity Fashions, Moosehead, Chandler Architecture and Lisa Chandler Coaching. 12,824 sq. ft. of commercial space all together. 3 storey building with units on all 3 floors. Great potential for additional rental income. Currently equipped with sprinkler system and 4oo amp electrical. New furnace and oil tank 2019. 3 parking places behind building. (id:50344)

12824
For sale
$2,050,000
115-117 Queen Street, charlottetown, Prince Edward Island

115-117 Queen Street

Charlottetown, Prince Edward Island

A veritable downtown hotspot, 117 Queen Street is a 5,615 square-foot commercial building with several exciting rental opportunities within! First, an all-inclusive culinary space is a dine-in and takeout restaurant with a well-established customer base in the downtown core! Near the busiest commercial dining and tourism districts, the recently renovated restaurant offers plenty of space and functionality for the bustling lunch crowds. Its casual eat-in aesthetic is brightened by overhead track lighting and crisp window views of the street beyond, enhancing the cosmopolitan feel of the Downtown Charlottetown experience! A wraparound counter and fully-equipped kitchen are part of the dining room setup, guaranteeing quick and efficient prep and cooking before the customer’s very eyes, offering fresh grill-to-counter service! A rear storage room and pantry beyond the kitchen provide extra value and capacity, including a walk-in refrigerator and cleaning station to maximize food safety and storage. The rear storage warehouse is ideal for additional equipment or long-term storage needs; a one-way exit beyond the warehouse provides egress to the parkade and loading area. Even more storage can be found in the building’s extensive basement. Upstairs, two more commercial office spaces provide more traffic for an already booming location, an auspicious hub for entrepreneurial innovation and investment! Clean, bright, and ultramodern, these varied commercial offices blend open-concept business casual with more spacious studio layouts, and dynamic accommodations fit for any enterprise, from graphic artists to hairstylists. Finally, a breezy, private outdoor patio area puts the cherry on top of this wonderfully vibrant commercial destination! (id:50344)

6950
For sale
$1,999,000
294-298 Water Street, summerside, Prince Edward Island

294-298 Water Street

Summerside, Prince Edward Island

Historic Commercial building for sale in the downtown business area. Overlooking the beautiful Summerside Harbour, it is easy to imagine the endless opportunities this rare piece of Real Estate can offer. Long term tenants in place. Featuring 138 ft of frontage on Water St, there is an additional 36,000 sq ft of unused space that could be converted into 30-35 loft like rentals. Recent improvements include a new propane furnace in 2021, some new windows, lights, and flooring. More information available upon request. (id:50344)

59691
For sale
$1,290,000
91 Water Street, charlottetown, Prince Edward Island

91 Water Street

Charlottetown, Prince Edward Island

Amazingly preserved heritage building in the heart of Charlottetown close to the waterfront. It is located in a busy business district of the city with high foot traffic. If you are a serious investor and have the privilege of owning a piece of history, look no further - 91 Water Street has it all!! Over 8000 square feet of space. The property used to be a shop on the ground floor, offices on the second and third floors. The property has the penitential to convert into an apartment building or other future development plan. Don’t miss out on this rare opportunity - book your appointment today for a private tour of the building. All measurements are approximate and buyer(s) to verify. No PCDS, Sold As Is Where is! (id:50344)

8340
For sale
$899,000
40-44 Queen Street, charlottetown, Prince Edward Island

40-44 Queen Street

Charlottetown, Prince Edward Island

Fantastic commercial opportunity in prime location of Downtown Charlottetown. Property is on the tourist walking area of lower Queen Street with many shops and restaurants, Theatre, and art galleries. The building currently has a Vietnamese Restaurant on main floor with a 4 bedroom apartment on second level which is rented by the room with common kitchen and 2 baths. The attic space has 12' headspace clearance with large windows on front and back making it another optional development opportunity.This is a golden opportunity for any investor to purchase instantly have cash flow. * all measurements are approximate and should be confirmed by the buyer if deemed necessary. * restaurant equipment and furnishings belong to the tenant (Son Vietnamese Restaurant) and are not included in the sale. (id:50344)

2923
For sale
$139,000
217 Phillip Street, tignish, Prince Edward Island

217 Phillip Street

Tignish, Prince Edward Island

GREAT LOCATION AND READY FOR YOUR INVESTMENT, RESIDENCE, RENTAL UNIT, OR BUSINESS! This property is the perfect location for a commercial business, rental unit, or residence. Ample parking, delivery door and located in a high traffic area. Having had a successful past, this property is perfect for residential or commercial pursuits alike! Most recently it was operated as a home decor business, but the layout is perfect for any business or a starter home or summer vacation/ rental property. Situated in the center of this community, you can walk to everything the town has to offer. One of the most affordable properties on the market, don't delay, book your private showing today. Building does come with some business equipment. Sold as is where is. (id:50344)

1550

Opening a retail store or restaurant and need to buy or lease retail space? You are in the right place. Retail space is ground level accommodation for businesses that generally deal with the public. This type of property has an open facade with windows that make looking in to see what the business does and has much more easy and casual for passersby.

Retail space may be purchased if you are interested in a full building or it can be leased if you need only a single store or bay. As in the case of office space, if you are purchasing a building it may, if it has additional stories, also have office space or living space that may be rented to increase your cash flow. If you are purchasing and do not have to purchase price in cash, you will need a commercial mortgage. These are more complicated and difficult to get than residential mortgages that we are familiar with.

If you are leasing retail space your rent will comprise an amount equal to the number of square feet multiplied by the agreed upon yearly rate per square foot divided by 12. Additionally a “common areas fee” will be added that is the prorated amount of extra expenses the landlord incurred. This amount can vary. Be sure and understand what items are included when calculating the common areas fee as these can include costs you wouldn’t agree to.