Property Details

514/516 Main Street, Montague, Prince Edward Island, C0A1A0

514/516 Main Street, Montague, Prince Edward Island, C0A1A0 (ID 202320635)
Representative
Kevin J. Gallant portrait
Kevin J. Gallant

RE/MAX Harbourside Realty
Cell: 902-432-4966
Tel: 902-888-3600

$3,150,000 - For sale

ID#:202320635

Discover an exceptional investment opportunity package offering two prime Apartment buildings containing 23 units and 3,500 square feet of open commercial space, on 1.5 contiguous acres, in the heart of Montague. 514 Main Street and 516 Main Street combine to create an incredible investment opportunity. Envision the present cash flow (8.58% annual against purchase price) from fully-occupied units with outstanding expansion possibilities on this large, under-utilized central mixed-use site. Two separate street accesses and full municipal services are in place. Best Montague proximity to grocery stores, pharmacies, fast food, schools and waterfront. This combination of 516 Main Street and 514 Main Street presents a stellar double-access corner property prospect for investors, developers, or entrepreneurs looking to tap into the thriving, and growing, Montague real estate market. (id:2471)

Property Details
  • Property Address:514/516 Main Street, Montague, Prince Edward Island, C0A1A0
  • Property Type:Multi-family
  • Community Name:Montague
  • Title:Freehold
  • Lot Size:1 - 3 acres
  • Acreage:1 - 3 acres
  • Sewage Type:Unknown
  • Water Type:Community Water System
  • Driveway:Parking Space(s)
Structure Details for 514/516 Main Street, Montague, Prince Edward Island, C0A1A0
  • Structure Style:Apartment
  • Building Age:1942
  • Heating Type:Oil, Radiator
  • Flooring:Carpeted, Tile, Vinyl, Other
  • Basement Type:Full
  • Foundation Type:Poured Concrete
  • Appliances Included:Stove, Dryer, Washer, Refrigerator
  • Rental Equipment:None
  • Exterior Type:Wood shingles, Vinyl
Amenities for 514/516 Main Street, Montague, Prince Edward Island, C0A1A0
  • Amenities Nearby:Park, Playground, Marina
Representative
Kevin J. Gallant portrait
Kevin J. Gallant
REALTOR®
RE/MAX Harbourside Realty
Cell: 902-432-4966
Tel: 902-888-3600
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514/516 Main Street, Montague, Prince Edward Island, C0A1A0

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