For Sale

$3,150,000

514/516 Main Street , Montague, PE C0A 1A0

Remarks

Discover an exceptional investment opportunity package offering two prime Apartment buildings containing 23 units and 3,500 square feet of open commercial space, on 1.5 contiguous acres, in the heart of Montague. 514 Main Street and 516 Main Street combine to create an incredible investment opportunity. Envision the present cash flow (8.58% annual against purchase price) from fully-occupied units with outstanding expansion possibilities on this large, under-utilized central mixed-use site. Two separate street accesses and full municipal services are in place. Best Montague proximity to grocery stores, pharmacies, fast food, schools and waterfront. This combination of 516 Main Street and 514 Main Street presents a stellar double-access corner property prospect for investors, developers, or entrepreneurs looking to tap into the thriving, and growing, Montague real estate market.

Property Summary

  • Lot Size: 1.5
  • Built in: 1942

Property Features:

  • Title to Land:
    Freehold

Listing courtesy of: 

ROYAL LEPAGE PRINCE EDWARD REALTY

EXIT REALTY PEI

Office Listing: 

Peter Mackenzie - Salesperson/REALTOR®

Lifestyle
Neighbourhood Info
Shaw Team- Real Estate in PEI

Shaw Team- Real Estate in PEI

Phone:  902.213.5235

Royal LePage Prince Edward Realty, Brokerage (Independently owned and operated)

1 - 87 John Yeo DR
Charlottetown,  PE C1E 3J3

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