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MLS® 202613278

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 5340 sqft
Garage 
Taxes $5,275
Days Active 13
Lot Size 2
Approx. Age 
Avg. Price Per Sqft $140
MLS® Number 202613278

Property Address: 30166 Western Rd, Wellington Station, PE, C0B2E0

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to 30166 Western Road, a meticulously maintained mixed use property in Wellington that offers a rare combination of strong rental income, high highway visibility, and excellent mechanical reliability. Situated on a newly severed 2 acre parcel, this versatile building is a dream setup for any investor looking for a turnkey property with a fantastic cap rate. The building is fully tenanted and features three distinct, spacious residential apartments: a comfortable 3 bedroom layout spanning approximately 1, 200 square feet, a 2 bedroom unit at roughly 1, 000 square feet, and a massive, oversized 1 bedroom unit that tenants love. Complementing the residential side is a prime 1, 360 square foot commercial section. Perfectly positioned to capitalize on heavy traffic along Western Road, this commercial space operates on its own separate electric meter, making utility management straightforward. The entire property has been exceptionally well cared for, giving peace of mind to its next owner. Key mechanical upgrades include energy efficient heat pumps and a complete HVAC system, all of which are less than 5 years old. To ensure uninterrupted operation for both residents and commercial tenants, the property is also equipped with a robust 22 kilowatt backup generator featuring automatic transfer switches. Whether you are looking to expand your portfolio or secure a reliable multi stream income property on PEI, this Wellington gem delivers on every front. (id:58753)Show Description
MLS® Number202613278
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
HeatHeat Pump, Other, Wall Mounted Heat Pump, Ductless
A/C

Extras

Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
30166 Western Rd, Wellington Station, PE

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