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4557 Wharf Rd, Cardigan, PE

Name: 4557 Wharf Rd, For Sale in Cardigan - Zoocasa
Brand: CENTURY 21 NORTHUMBERLAND REALTY
SKU: 202620741
Price: 449000 CAD

House

For Sale

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000

MLS® 202620741

Overview

Key Facts

Type

Levels Business Opportunity

Size 10500 sqft

Garage

Taxes $2,769

Days Active 10

Lot Size 2 Acres

Approx. Age 1889

Avg. Price Per Sqft $42

MLS® Number 202620741

Property Address: 4557 Wharf Rd, Cardigan, PE, C0A0B7

Average square foot calculated using Size range provided by listing agent.

Description

Here is your opportunity to own a beautiful waterfront restaurant in Cardigan, PEI. Cardigan Lobster Suppers and 1888 Pub have been serving fresh local seafood and meats for over 40 years and are one of the highest-rated dining destinations in the area on Tripadvisor. This is a true turn-key sale, offering a fully equipped operation ready for its next owner to step in and succeed. The property features over 10, 000 square feet of finished space with 50 feet of waterfrontage overlooking the marina, along with two large decks and ample paved parking to accommodate large groups. Upstairs is equipped with heat pumps providing both heating and air conditioning. The lower level was previously operated as a bar and includes a dance floor, sound system, and lighting, offering additional revenue potential. Also downstairs is a 150-lobster holding tank to support the delivery of fresh, local seafood. This heritage-designated building may qualify for heritage funding opportunities, adding further value for future improvements or preservation. In addition to its established restaurant use, the property presents exciting redevelopment potential, with the possibility of conversion into 6 to 8 residential apartments (subject to applicable approvals), while potentially remaining eligible for heritage grant funding. A rare chance to acquire a well-established business, a landmark property, and a versatile investment all in one. All measurements are approximate and should be verified by the purchaser if deemed necessary. (id:58753)Show Description

MLS® Number202620741

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1889

Basement

DrivewayParking Space(s), Visitor Parking

Garage Spaces

Heat

A/C

Extras

Map

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