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8685 Cavendish Road, Cavendish, PE, C0A 2E0

MLS® # 202414146
Commercial For Sale In Cavendish, Prince Edward Island
$624,500
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
8685 Cavendish Road, Cavendish, PE
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8685 Cavendish Road, Cavendish, PE, C0A 2E0
$624,500

Property Information:

Welcome to 8685 Cavendish, a fantastic business opportunity nestled in the heart of Cavendish, Prince Edward Island's most beloved tourist destination. This retail establishment offers approximately 5,500 sq. ft. of prime commercial space, including a former gift shop, a self-contained rental unit, and endless possibilities for retail ventures. With 5,500 sq. ft. of space, this property provides ample room for your business to thrive, whether it's expanding an existing enterprise or launching a new venture. Situated on the scenic North Shore, this property is strategically positioned to attract the high volume of tourists that flock to Cavendish each year. It’s walking distance from local attractions and just minutes from the stunning red sandstone cliffs and white sandy beaches of the national park. The property includes a spacious parking lot for customers, a charming playground and picnic area, and a self-contained rental unit that adds to its versatile appeal. The combination of commercial space and a rental unit creates a unique opportunity to live and work on-site or generate additional income through leasing. Cavendish is renowned for its family-friendly attractions and scenic beauty. It's home to the famous Green Gables heritage site, amusement parks, golf courses, and a variety of dining and shopping options. This property represents a rare chance to own a significant piece of Cavendish's bustling commercial landscape. Its blend of retail space and residential accommodation, coupled with a prime tourist location, makes it an ideal investment for entrepreneurs looking to capitalize on PEI’s busiest season. Whether you’re envisioning a thriving gift shop, a boutique retail store, or a multi-faceted commercial hub, 8685 Cavendish offers the flexibility to bring your business dreams to life. All measurements are approximate and should be verified by the purchaser if deemed necessary.

Property Features:

  • Annual Tax Amount: $2,258
  • Built in: 1992
  • Driveway/Parking: Gravel
  • Floor Space (approx): 5355 Square Feet
  • Flooring: Wood
  • Fuel Type: Electric
  • Heating/Cooling Type: Heat Pump -Ductless
  • Lot Size: 1.32
  • Property Size: 1 to 2.99 Acres
  • Rental Equipment: None
  • Roof: Metal
  • Sub-type: Shopping Centre
  • Title to Land: Freehold
  • Water Source: Drilled Well

Data provided by: Nova Scotia Association of REALTORS® 68 Highfield Park Drive, Suite 112, Dartmouth, Nova Scotia B3A 0E4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 8685 Cavendish Road, Cavendish, PE, C0A 2E0

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

32 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate-Low

32 hot days expected in 2050

34/100

Moderate-Low

ClimateCheck®

Current data

This property, 8685 Cavendish Road , experiences 7 hot days per year at around 27.5 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 32 hot days at 30.6 degrees Celsius.

Projected Avg. Temperature

Past
27.5℃
2050
30.6℃

# Hot Days Per Year

Past
7
2050
32

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

70/100

Moderate-High

ClimateCheck®

Current data

This property, 8685 Cavendish Road , experiences 11 significant 2-day storms per year, with about 355.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 455.4mm of precipitation per year.

Precipitation Per Storm

Past
355.7mm
2050
455.4mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 8685 Cavendish Road, Cavendish, PE, C0A 2E0

Life Stage

Midlife Families

Employment Type

Mixed

Average Household Income

$118,000.00

Average Number of Children

1.80

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.46 %

High school certificate or equivalent

21.15 %

Apprenticeship trade certificate/diploma

9.62 %

College/non-university certificate

21.15 %

University certificate (below bachelor)

5.77 %

University Degree

28.84 %

Commuter

Travel To Work

By Car

84.62 %

By Public Transit

0.0 %

By Walking

7.69 %

By Bicycle

0.0 %

By Other Methods

7.69 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

Houses

100.0 %

Own Vs. Rent