571 MAIN Street, Montague, Prince Edward Island C0A1R0

571 MAIN Street

An appealing 2 story commercial building with a generous, paved parking lot and perfectly situated in a high traffic area of downtown Montague, the business hub of eastern PEI. It sits on a hill overlooking the river and busy waterfront businesses and attractions, including marina, eateries and music pavilion. The historically significant, gabled structure has 1 commercial unit on the main floor which has been continuously rented for over 10 years to the same tenant: a successful barbershop and beauty salon business. Three self contained, 1 bedroom apartments – two on the second floor, one main floor apartment with its own outside entrance – provide steady rental income. Two apartments were renovated in 2020. The large paved parking lot has two entrances onto Main Street, providing convenience for both retail traffic and residents. The parking lot is bordered by a treed hillside to the rear. The building has a full, dry, 7 foot high basement, with 4 forced air oil furnaces, plus one electrical hot water heater, and one oil fired hot water heater to serve the barbershop/beauty salon. All oil tanks were replaced in April 2021. Three picture windows and the roof fascia were replaced in 2018. A new stainless steel flue/chimney liner and smoke pipe were installed in 2018 as well. No PCDS, property being sold ‘as is where is’. Do not miss out on this excellent opportunity. Call today! All measurements are approximate and should be verified by purchaser if deemed necessary. Sold as is where is. (id:30983)

Details
For Sale
: Montague
: Shopping
: Freehold
: Residential, Other, Hairdressing Salon
: C1
2
Wood frame
Building
: Other
Municipal water
Lot
0.30 acre|under 1/2 acre
Paved Yard,Visitor Parking
Shopping
EXIT REALTY PEI

571 MAIN Street

Montague, Prince Edward Island C0A1R0

2,030 Sqft
$308,000
MLS® #202109369
Request Info / Schedule Showing

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