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83 Water Street Charlottetown, Prince Edward Island C1A 5N5

1300
Ventilation System

$789,900

Welcome to 83 Water Street, Charlottetown ? a rare and exceptional opportunity awaits you in the heart of the city. This commercial lot featuring a thriving restaurant is now available for sale, making it an extraordinary find for investors and entrepreneurs alike. Situated in the vibrant Downtown Mixed Use Neighbourhood (DMUN) zoning, this property allows for a dynamic blend of retail and residential possibilities, catering to a diverse range of potential ventures. The strategic location of 83 Water Street ensures maximum visibility and accessibility, making it a prime spot for a business to flourish. Under the current bylaws, the property boasts a height allowance of 39.5 feet, offering architectural flexibility and the potential for innovative design concepts. Additionally, the existing bylaws permit the creation of 3 units, providing a solid foundation for immediate utilization of the space. The forward-thinking owner has recognized the untapped potential of this prime location and is prepared to make an application for a variance. This strategic move aims to unlock further opportunities by allowing for an expansion of units, maximizing the utility and value of the property. Invest in the future of Charlottetown's downtown landscape with 83 Water Street. Whether you envision an expansion of residential units, additional retail spaces, or a unique combination of both, this property offers the canvas for your entrepreneurial dreams. Seize this rare chance to be part of Charlottetown's dynamic urban growth. Contact us today to explore the endless possibilities that 83 Water Street holds for your business and investment aspirations. (id:43163)

Business

Business Type Restaurant
Business Sub Type Restaurant

Property Details

MLS® Number 202323758
Property Type Retail
Community Name Charlottetown
Community Features Public Washrooms

Building

Constructed Date 1966
Construction Material Wood Frame
Cooling Type Ventilation System
Flooring Type Other
Stories Total 1
Size Interior 1300
Total Finished Area 1300 Sqft
Utility Water Municipal Water

Parking

Paved Yard

Land

Acreage No
Size Irregular 0.08
Size Total 0.0800|1/2 - 1 Acre
Size Total Text 0.0800|1/2 - 1 Acre
Zoning Description Dmun

https://www.realtor.ca/real-estate/26268826/83-water-street-charlottetown-charlottetown

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