49
174 Pickles Lane
$2,400,000 Sale
Listed 13 hours ago
· 2
· 3.0
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Key Facts
Key facts for 174 Pickles Lane
Property Type
House
Parking
Garage: No, 0 parking
MLS #
202523862
Size
-
Basement
None
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
2015
Maintenance Fee
-
Description
Nestled in the heart of Alexandra, Prince Edward Island, lies a remarkable investment opportunity for individuals seeking to capitalize on the region's commercial potential. This expansive 125-acre mixed-use property offers a canvas of development possibilities, combining modern office spaces, resid...ential comfort, and agricultural utility, all in one comprehensive package. Constructed in 2014 with a recent office extension in March 2020, the main building complex spans nearly 11,000 square feet and includes a luxurious owner's living unit. The property boasts additional land ready for future development, supplemented by outbuildings such as a 7,200-square-foot heated indoor riding arena, an equipment shed, and a multifunctional shop/garage. The property presents a picturesque rural setting with minimal area commercial development, ensuring privacy and serenity. Its long access lane leads to an elevated position with breathtaking water views of Pownal Bay, setting the stage for a tranquil yet strategic investment locale. Approximately 7 acres of meticulously fenced paddock areas, as well as walking and riding trails, provide a pastoral charm that complements the commercial prospects of the site. The potential for future expansion is considerable, with a large site area designated for development. The current setup allows for a variety of uses?be it maintaining the equestrian facilities or repurposing the extensive square footage for alternative enterprises. This unique property, situated within a stone's throw from Stratford and the capital city of Charlottetown, is a rare find. It offers investors quality assets with reuse and redevelopment potential in a sought-after area of the province. Lots of potential for a buyer that could tailor the facility, land, and infrastructure to a variety of uses, capitalizing on its strategic location and the privacy provided by its 0.85 km laneway from Pownal Road. (id:10452)
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Listing courtesy of: RE/MAX CHARLOTTETOWN REALTY
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