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174 Pickles Lane Alexandra, Prince Edward Island C1B 0L8

10993 sqft
Acreage

$2,500,000

Nestled in the heart of Alexandra, Prince Edward Island, lies a remarkable investment opportunity for individuals seeking to capitalize on the region's commercial potential. This expansive 125-acre mixed-use property offers a canvas of development possibilities, combining modern office spaces, residential comfort, and agricultural utility, all in one comprehensive package. Constructed in 2014 with a recent office extension in March 2020, the main building complex spans nearly 11,000 square feet and includes a luxurious owner's living unit. The property boasts additional land ready for future development, supplemented by outbuildings such as a 7,200-square-foot heated indoor riding arena, an equipment shed, and a multifunctional shop/garage. The property presents a picturesque rural setting with minimal area commercial development, ensuring privacy and serenity. Its long access lane leads to an elevated position with breathtaking water views of Pownal Bay, setting the stage for a tranquil yet strategic investment locale. Approximately 7 acres of meticulously fenced paddock areas, as well as walking and riding trails, provide a pastoral charm that complements the commercial prospects of the site. The potential for future expansion is considerable, with a large site area designated for development. The current setup allows for a variety of uses?be it maintaining the equestrian facilities or repurposing the extensive square footage for alternative enterprises. This unique property, situated within a stone's throw from Stratford and the capital city of Charlottetown, is a rare find. It offers investors quality assets with reuse and redevelopment potential in a sought-after area of the province. Lots of potential for a buyer that could tailor the facility, land, and infrastructure to a variety of uses, capitalizing on its strategic location and the privacy provided by its 0.85 km laneway from Pownal Road. (id:33212)

Business

BusinessType Other, Residential
BusinessSubType Offices, Residential

Property Details

MLS® Number 202403838
Property Type Other
Community Name Alexandra
AmenitiesNearBy Highway
EquipmentType Propane Tank
RentalEquipmentType Propane Tank
ViewType Ocean View

Building

Amenities Laundry Facility, Living Accommodation, Recreation Centre
ConstructedDate 2014
ConstructionMaterial Wood Frame
FireProtection Monitored Alarm, Smoke Detectors
FlooringType Concrete, Wood, Other
SizeInterior 10993 Sqft
TotalFinishedArea 10993 Sqft
UtilityWater Drilled Well

Parking

Gravel
Parking Space(s)
Paved Yard
Visitor Parking

Land

AccessType Highway Access
Acreage Yes
FenceType Partially Fenced
LandAmenities Highway
LandDisposition Cleared, Fenced
SizeIrregular 125.39
SizeTotal 125.3900|100+ Acres
SizeTotalText 125.3900|100+ Acres
ZoningDescription Commercial

https://www.realtor.ca/real-estate/26578780/174-pickles-lane-alexandra-alexandra

Kris Fournier


RE/MAX Charlottetown Realty
268 Grafton Street
Charlottetown, Prince Edward Island C1A 1L7

Catherine Fournier


RE/MAX Charlottetown Realty
268 Grafton Street
Charlottetown, Prince Edward Island C1A 1L7