PE
Wellington
C0B2E0
30166 Western Road
30166 Western Road, Wellington, PE C0B2E0
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Listing Type
Commercial/Industrial
Listing Status
Active
39
$749,900

Home Details for 30166 Western Road

Price
$749,900
Type
Commercial Sale
Days on site
45
Listing #
202613278
Property 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:31684)

Property Features
  • Heating Information
    • Heat Pump
    • Ductless
Listing Courtesy: CENTURY 21 NORTHUMBERLAND REALTY
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EXIT REALTY PEI
41 MacLeod Crescent, Charlottetown, PE C1E 3K2
Steve Yoston
License #: 2568
Franchisee
Office
902 892 7653
Agent
902 393 3868
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