




























1/301256 Ellerslie Road, Route 133, Ellerslie-Bideford, PE C0B1J0
$798,888 total
—
Asset Class
Retail
Size
—
Building class
C
Zoning
CNC — Neighbourhood Commercial
$ / SF
—
Occupancy
85%
Year Built
1970
Lot Size
1.78 ac
Iconic Turnkey Business Opportunity in Ellerslie, PEI! Step into a thriving tradition with Kennys Restaurant & Dairy Bar, a beloved community staple since the 1970s and the undisputed hotspot of West Prince. Situated on a prime 1.78 acre parcel, this iconic single level commercial property offers over 2,100 square feet of immaculate, updated restaurant space. Inside, guests are welcomed by a spic and span, spacious dining area and an extensive menu ranging from appetizers, classic burger and fries to perfectly portioned pasta and a bustling dairy bar operation! What truly sets this property apart is its incredible outdoor setup. The exterior features a sunny veranda, picnic tables, and a vibrant outdoor area complete with a thrilling zip line for kids of all ages that draws families from across the county. Located right beside the Ellerslie Elementary School, the popular cycling paths and deeply supported by surrounding communities, the foot traffic here is highly consistent. Currently operated as a lucrative 9 month seasonal venture (March to October), the infrastructure easily supports a year round transition. With all equipment included and recent renovations completed, this is an unmatched, move in ready opportunity for entrepreneurs looking to inherit a legacy business. This will be a share sale. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$4K
Projected NOI
$45K
Annual cash flow
$525
Cash-on-cash
0.22%
DSCR
1.01
Going-in cap
5.61%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
95,409
Households
34,814
Median income
$103,000
Median age
44.8
Daytime population
107,315
5-yr growth
3.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1256 Ellerslie Road, Route 133, Ellerslie-Bideford.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.