$1,150,000
( $355.16Per Sq Foot )
 $6,173 est/mo Sourced by Back At You

202&216 University Avenue,Charlottetown, PE C1A4L5

Charlottetown, PE C1A4L5

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Description

Opportunities like this in the heart of Charlottetown's downtown core simply do not come along often. Situated on the high-profile corner of University Avenue and Euston Street, this rare two-parcel commercial assembly offers outstanding visibility, exceptional foot and vehicle traffic, and the flexibility of Downtown Mixed Use (DMU) zoning, one of the most versatile designations in the city. The package includes two properties sold together totaling 0.28 acres. The first parcel (PID 358960, formerly Sea Treat) is 0.16 acres and features a single storey building with approximately 1,538 square feet of ground floor space. The second parcel (PID 358952) sits on 0.12 acres with a wood frame single storey building offering approximately 1,700 square feet of ground floor space, bringing the combined footprint to over 3,200 square feet of usable commercial space. Whether you're an investor looking to capitalize on an established commercial location, a developer with an eye for the site's redevelopment potential, or an owner-operator seeking a flagship downtown presence, this property delivers. DMU zoning opens the door to a wide variety of permitted uses. Paved parking, public transit access, and a corner site location round out an already compelling package. Downtown Charlottetown continues to attract investment and foot traffic year-round. Corner sites on University Avenue at this scale rarely trade hands, don't miss your chance to secure a piece of the island's most vibrant commercial district. (id:374)

Details

MLS #202609591
Listing TypeFor Sale
StatusActive
Days On Site172
Listing Provided ByPROVINCIAL REALTY | Lindsey Vessey

Features

SQ Feet3,238
ZoningDMU
Acreage0.28

Interior

Fireplace Yes / NoNo

Exterior

Lot FeaturesPaved driveway
Construction MaterialsWood frame, Masonry

Parking

Parking FeaturesOther

Utilities

Water SourceMunicipal water

Taxes

Tax Annual Amount16821.88

Area Information

ProvincePE
CityCharlottetown
Postal CodeC1A4L5
Listing VS Median (in C1A4L5)
Price:
$1,150,000
low | high
Med:
$1,150,000
50% of Average
sqft:
3,238
low | high
Med:
3,238
50% of Average
$ / sqft:
$355
low | high
Med:
$355
50% of Average
On site:
172
low | high
Med:
172
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvincePE
CityCharlottetown
Postal CodeC1A4L5
Listing VS Median (in C1A4L5)
Price:
$1,150,000
low | high
Med:
$1,150,000
50% of Average
sqft:
3,238
low | high
Med:
3,238
50% of Average
$ / sqft:
$355
low | high
Med:
$355
50% of Average
On site:
172
low | high
Med:
172
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $862K - $1.437M
sqft: 2,000 - 4,000
Listing Updated: October 23, 2026 at 5:47:41 AM PDT