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$ 2,500,000
Est. payment | /mo
10,993 SqFt
$ 2,500,000
Est. payment | /mo
10,993 SqFt
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 10,993 sqft
Price per Sqft $227
Subdivision Alexandra
MLS® Listing ID 202403838
Originating Board Prince Edward Island Real Estate Association
Year Built 2014
Lot Size 125 Sqft
Acres 125.39
Property Sub-Type Freehold
Property Description
Nestled in the heart of Alexandra, Prince Edward Island, lies a remarkable investment opportunity for individuals seeking to capitalize on the region's commercial potential. This expansive 125-acre mixed-use property offers a canvas of development possibilities, combining modern office spaces, residential comfort, and agricultural utility, all in one comprehensive package. Constructed in 2014 with a recent office extension in March 2020, the main building complex spans nearly 11,000 square feet and includes a luxurious owner's living unit. The property boasts additional land ready for future development, supplemented by outbuildings such as a 7,200-square-foot heated indoor riding arena, an equipment shed, and a multifunctional shop/garage. The property presents a picturesque rural setting with minimal area commercial development, ensuring privacy and serenity. Its long access lane leads to an elevated position with breathtaking water views of Pownal Bay, setting the stage for a tranquil yet strategic investment locale. Approximately 7 acres of meticulously fenced paddock areas, as well as walking and riding trails, provide a pastoral charm that complements the commercial prospects of the site. The potential for future expansion is considerable, with a large site area designated for development. The current setup allows for a variety of uses?be it maintaining the equestrian facilities or repurposing the extensive square footage for alternative enterprises. This unique property, situated within a stone's throw from Stratford and the capital city of Charlottetown, is a rare find. It offers investors quality assets with reuse and redevelopment potential in a sought-after area of the province. Lots of potential for a buyer that could tailor the facility, land, and infrastructure to a variety of uses, capitalizing on its strategic location and the privacy provided by its 0.85 km laneway from Pownal Road. (id:24570)
Interior
Flooring Concrete, Wood, Other
Exterior
Parking Features No
Fence Partially fenced
View Y/N Yes
View Ocean view
Private Pool No
Others
Ownership Freehold
Virtual Tour https://sites.listvt.com/174pickleslane
Listed by RE/MAX CHARLOTTETOWN REALTY
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