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$395,000 total
—
Asset Class
Industrial
Size
—
Building class
C
Zoning
IL — Light Industrial
$ / SF
—
Occupancy
83%
Lot Size
11.59 ac
Clear height
18 ft
Loading docks
6
Introducing an exceptional commercial investment opportunity at 170 Island Blue Road, an expansive property with vast potential in the heart of PEI's coastal landscape. Situated on 11.59 acres of prime land bordering PEI's renowned Confederation Trail, this property offers a strategic location for ventures in the aquaculture industry or related sectors. Formerly utilized as an aquaculture plant, the property features a main building with over 3,500 square feet of versatile space on the main level. Additional space upstairs, complete with an office, kitchen, and bathroom, offers added flexibility and convenience for administrative functions or employee facilities. With direct access to sea water piped from the adjacent shoreline, this property provides invaluable resources for aquaculture ventures, ensuring efficient operations and sustainable growth. The presence of neighboring properties with similar industries underscores the desirability and potential of this location for investment. Privacy and security are ensured with a discreet entry gate, offering peace of mind for investors seeking a secure and exclusive environment for their business endeavors. The property's proximity to Charlottetown and key transportation routes further enhances its appeal, providing easy access to markets and logistical networks. Don't miss this opportunity to invest in a prime commercial property. (id:66811)
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Monthly debt service
$2K
Projected NOI
$18K
Annual cash flow
$-4K
Cash-on-cash
-3.54%
DSCR
0.81
Going-in cap
4.48%
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
72,401
Households
29,310
Median income
$119,000
Median age
35.6
Daytime population
70,661
5-yr growth
7.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 170 Island Blue Road, Murray River.
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.