51 Grafton Street

Charlottetown C1A 1K8

Discover an exceptional investment asset located at a prominent, high-traffic intersection in the vibrant center of downtown Charlottetown. This distinguished three-storey building seamlessly blends commercial stability with residential comfort, offering a proven track record of income generation. The ground floor features established commercial retail space with a legacy of over 20 years of successful restaurant operations, ensuring high visibility and consistent foot traffic. The upper two levels are comprised of three spacious residential units, each featuring a two-bedroom, one-bathroom layout. The building is currently 100% occupied, providing immediate cash flow for the new owner. Ideally situated for both tenants and clientele, the property is surrounded by major office buildings, commercial centers, and shopping venues. As a hub for summer tourism, the location benefits from the seasonal influx of visitors while maintaining a steady local clientele year-round. Uniquely for the downtown core, the property includes a private two-car driveway for the owner's exclusive use, while tenants and customers enjoy the convenience of ample surrounding street parking. Whether you are a seasoned investor seeking a turnkey portfolio addition or looking for a mixed-use property for personal ownership, this building represents a rare opportunity in PEI?s capital. (id:2493)