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360-362 UNIVERSITY Avenue, Charlottetown, PE, C1A 4M7

MLS® # 202428340
new listing
Commercial For Sale In Spring Park, Charlottetown, Prince Edward Island
$649,000
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
360-362 University Avenue, Charlottetown, PE
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ACTIVE
360-362 UNIVERSITY Avenue, Charlottetown, PE, C1A 4M7
$649,000

Property Information:

Prime 2 storey commercial building with 4 units zoned MUC on University Ave for sale. It offers an exceptional investment opportunity in Charlottetown, strategically located on University Ave, with all heavy foot traffic year round, high visual exposure and accessibility, surrounded by all amenities. New metal roof with 10KW solar systems in 2023 and ample parking. There are four rental units over 2400+ sqft with great tenants in this building, a grocery store and nail salon on main floor and two residential units on the upper level, both commercial units with their own electric meters. Don't miss out on this chance to secure a valuable piece of real estate in a thriving urban area. Great income, financials to be provided upon request after signing the NDA. No PDS, property being sold ‘as is where is’. Measurements are approximate and should be verified by the purchaser.

Property Features:

  • Annual Tax Amount:
  • Building Features: Other
  • Built in: Y
  • Construction: Wood Frame
  • Driveway/Parking: Parking Spaces(s), Paved
  • Fire Protection: Other Fire Protection
  • Floor Space (approx): 2448 Square Feet
  • Flooring: Other
  • Fuel Type: Electric, Solar
  • Heating/Cooling Type: Radiator
  • Lot Size: 0.138 acre
  • Property Size: Under 0.5 Acres
  • Rental Equipment: None
  • Roof: Metal
  • Site Influences: Public Transportation, Shopping Nearby, Visual Exposure, High Traffic Location, Public Transportation, Shopping Nearby, Visual Exposure, High Traffic Location
  • Sub-type: Other, Residential Units, Salon
  • Title to Land: Freehold
  • Utilities: Cable, Electrical, Municipal Water, Telephone, Other
  • Water Source: Municipal

Courtesy of: EXIT REALTY PEI

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

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Location of 360-362 UNIVERSITY Avenue, Charlottetown, PE, C1A 4M7

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

36/100

Moderate-Low

ClimateCheck®

Current data

This property, 360-362 UNIVERSITY Avenue , experiences 7 hot days per year at around 27.6 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 30.7 degrees Celsius.

Projected Avg. Temperature

Past
27.6℃
2050
30.7℃

# 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

71/100

Moderate-High

ClimateCheck®

Current data

This property, 360-362 UNIVERSITY Avenue , experiences 11 significant 2-day storms per year, with about 361.3mm 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 460.9mm of precipitation per year.

Precipitation Per Storm

Past
361.3mm
2050
460.9mm

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.

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Demographic Information of 360-362 UNIVERSITY Avenue, Charlottetown, PE, C1A 4M7

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$72,964.41

Average Number of Children

1.57

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.41 %

High school certificate or equivalent

32.03 %

Apprenticeship trade certificate/diploma

5.26 %

College/non-university certificate

23.15 %

University certificate (below bachelor)

1.65 %

University Degree

22.5 %

Commuter

Travel To Work

By Car

69.87 %

By Public Transit

3.27 %

By Walking

20.83 %

By Bicycle

0.0 %

By Other Methods

6.03 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

53.89 %

Houses

46.11 %

Own Vs. Rent

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