Murray River · MLS® 202614194
23
1,705 sq ft · 1 sq ft lot · House · Single Family · built 1979 · 134 days on market
listed by Patty Castle, POWERHOUSE REALTY PEI INC
Commercial Property - Murray River! Live upstairs, serve downstairs - own the lifestyle and the business! Located on a high-visibility corner lot in this quaint village, this rare mixed-use property offers the perfect blend of small-town charm and entrepreneurial opportunity. Just a short drive to Montague and some of the island's most stunning beaches, it's a place where trails, nature, and a true sense of community are part of daily life. On the main level, a successful, locally loved restaurant benefits from prime corner lot exposure, drawing steady traffic with a strong reputation. The space is fully operational, with the option to purchase existing equipment - perfect for anyone ready to hit the ground running. A drive-thru window adds exciting potential, ideal for ice cream or quick-serve offerings. Boost future revenues by reinstating an alcohol license - the establishment was previously licensed, making this a straightforward opportunity for the next owner. Upstairs, the grandfathered living quarters feature two bedrooms, a full bath, an eat-in kitchen, and a cozy living room - a perk that cannot be replicated under today's stricter codes for restaurant establishments, offering exceptional long-term value for an owner-operator or rental income. Seller is offering $4,000 cash back at closing to the buyer toward flooring replacement.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
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Walkability 0/100 · Car needed for most errands
Nothing everyday within a 10 minute walk.
mihom score from OpenStreetMap places, by straight line distance.