539 Main Street, Montague, Prince Edward Island C0A 1R0

Listed for:
$325,000
0 beds
0 baths
Listed 100 days ago
539 Main Street, Montague, Prince Edward Island C0A 1R0

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Listing provided by:
RE/MAX CHARLOTTETOWN REALTY
MLS® number:
202402113
Agent:
Kevin Quinn
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About

Take Rte. 4 from roundabout into Montague on Main St. Building on right of Main Street. 539 Main St. Montague is a 3-storey investment property with commercial operations on the main floor and residential apartments on the 2nd & 3rd floors. Located on Main Street in the heart of downtown Montague, this is a prime location. Fully rented with revenue of $47,208 and a 9.1% return on investment, this is a great investment property. Close to restaurants, boating, swimming, hospital, churches, shopping, rink, fitness center and grocery stores. Whatever you need is at your fingertips. Very convenient for walk-in traffic and close to all your needs for the residential tenants. This property is a steal at this price. (id:27476)

Property Highlights

Type
Cooling type
Heating fuel
Fireplace
No
Construction material
Parking space
Ownership Type
Freehold
Amenities nearby
Shopping

Location

Summary

Conveniently situated in the heart of downtown Montague, 539 Main St. is a 3-storey investment property offering a mix of commercial and retail spaces on the ground floor, and residential apartments on the upper levels. Boasting a prime location, this property is fully rented, generating a revenue of $47,208 and providing a solid 9.1% return on investment, making it an attractive investment opportunity.

Surrounded by a variety of amenities, including restaurants, shops, a hospital, churches, recreational facilities, and grocery stores, this property offers unparalleled convenience for both tenants and customers. Its central location ensures high foot traffic and easy access to all the necessities for residential tenants, making it an ideal choice for those seeking a bustling and vibrant setting.

Currently listed for sale, this property features a land size of under 1/2 acre and is situated on 539 Main Street in the city of Montague, Prince Edward Island. With a postal code of C0A1R0, it is nestled within the community of Montague and comprises a total of 3 stories, presenting a unique and versatile investment opportunity.