$1,075,000
2-8-10 Longworth Avenue
Beds
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Baths
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Sqft
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Year
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Type
Retail
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Charlottetown. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Mixed-Use Commercial and Residential Investment Property/Building for Sale Excellent Location in the Mixed-Use Corridor Zone at 2-8-10 Longworth Avenue in the Core of the City of Charlottetown, Prince Edward Island, in a high-traffic area ideal for multiple types of businesses. Located on a public transportation route and major thruway for inbound and outbound city traffic. Fantastic visibility and street access. The former location of A-1 Vacuum, this space offers a unique opportunity in Downtown Charlottetown. Sale Opportunity Details: Commercial and residential investment rental property. Three buildings: one 2.5-storey (Commercial/residential development) and two single-storey (Commercial warehouse buildings). 5 Residential Apartment Units and Commercial leasable square footage totaling up to 5000 + SQF on the main floor. 2122 SQF Dry Storage Warehousing and 2880 SQF for Flex Use Space. Basement storage is also available to support tenant operations on the main floor. Retail, Warehouse, Office, or combination uses can be accommodated. Shipping and Receiving Area with loading dock to accommodate business operations. All measurement should be verified by the buyer if deemed important. (id:65958)
- Subtype
- Retail
- Community
- Charlottetown
- Common interest
- Freehold
- Living area
- 11,763 square feet
- Lot size
- 0.27
- Lot dimensions
- 0.27
- On market
- Jun 27, 2025
- Status changed
- Apr 21, 2026
- Annual tax
- $7,566.17 (2025)
- Zoning
- Com/Res
- Photos
- 9
- MLS#
- 202515986
- Area
- CHARLOTTETOWN
Features and systems
Parking
Cooling
Construction
Flooring
Lot
Community
Security
Cash on cash
-6.52%
Cap rate
3.56%
GRM
16.7
Break-even rent
$6,604
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 21, 2026.