Welcome to 83 Water Street, Charlottetown ? a rare and exceptional opportunity awaits you in the heart of the city. This commercial lot featuring a thriving restaurant is now available for sale, making it an extraordinary find for investors and entrepreneurs alike. Situated in the vibrant Downtown Mixed Use Neighbourhood (DMUN) zoning, this property allows for a dynamic blend of retail and residential possibilities, catering to a diverse range of potential ventures. The strategic location of 83 Water Street ensures maximum visibility and accessibility, making it a prime spot for a business to flourish. Under the current bylaws, the property boasts a height allowance of 39.5 feet, offering architectural flexibility and the potential for innovative design concepts. Additionally, the existing bylaws permit the creation of 3 units, providing a solid foundation for immediate utilization of the space. The forward-thinking owner has recognized the untapped potential of this prime location and is prepared to make an application for a variance. This strategic move aims to unlock further opportunities by allowing for an expansion of units, maximizing the utility and value of the property. Invest in the future of Charlottetown's downtown landscape with 83 Water Street. Whether you envision an expansion of residential units, additional retail spaces, or a unique combination of both, this property offers the canvas for your entrepreneurial dreams. Seize this rare chance to be part of Charlottetown's dynamic urban growth. Contact us today to explore the endless possibilities that 83 Water Street holds for your business and investment aspirations. (id:33212)
| Business Type | Restaurant |
| Business Sub Type | Restaurant |
| MLS® Number | 202323758 |
| Property Type | Retail |
| Community Name | Charlottetown |
| Community Features | Public Washrooms |
| Constructed Date | 1966 |
| Construction Material | Wood Frame |
| Cooling Type | Ventilation System |
| Flooring Type | Other |
| Stories Total | 1 |
| Size Interior | 1,300 Ft2 |
| Total Finished Area | 1300 Sqft |
| Utility Water | Municipal Water |
| Paved Yard |
| Acreage | No |
| Size Irregular | 0.08 |
| Size Total | 0.0800|1/2 - 1 Acre |
| Size Total Text | 0.0800|1/2 - 1 Acre |
| Zoning Description | Dmun |
https://www.realtor.ca/real-estate/26268826/83-water-street-charlottetown-charlottetown
Greg Rivard
(902) 892-2000
(902) 892-2160
remax-charlottetownpei.com/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
