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4557 Wharf Rd, Cardigan, PE

Name: 4557 Wharf Rd, For Sale in Cardigan - eXp Realty
Brand: CENTURY 21 NORTHUMBERLAND REALTY
SKU: 202620741
Price: 449000 CAD

House

For Sale

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MLS® 202620741

Property Details
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Description

Here is your opportunity to own a beautiful waterfront restaurant in Cardigan, PEI. Cardigan Lobster Suppers and 1888 Pub have been serving fresh local seafood and meats for over 40 years and are one of the highest-rated dining destinations in the area on Tripadvisor. This is a true turn-key sale, offering a fully equipped operation ready for its next owner to step in and succeed. The property features over 10, 000 square feet of finished space with 50 feet of waterfrontage overlooking the marina, along with two large decks and ample paved parking to accommodate large groups. Upstairs is equipped with heat pumps providing both heating and air conditioning. The lower level was previously operated as a bar and includes a dance floor, sound system, and lighting, offering additional revenue potential. Also downstairs is a 150-lobster holding tank to support the delivery of fresh, local seafood. This heritage-designated building may qualify for heritage funding opportunities, adding further value for future improvements or preservation. In addition to its established restaurant use, the property presents exciting redevelopment potential, with the possibility of conversion into 6 to 8 residential apartments (subject to applicable approvals), while potentially remaining eligible for heritage grant funding. A rare chance to acquire a well-established business, a landmark property, and a versatile investment all in one. All measurements are approximate and should be verified by the purchaser if deemed necessary. (id:58753)Show Description

Key Facts

Levels Business Opportunity

Size 10500 sqft

Taxes $2,769

Days Active 8

Lot Size 2 Acres

Approx. Age 1889

Avg. Price Per Sqft $42

MLS® Number 202620741

Central VacNo

FireplaceNo

Approx. Age1889

DrivewayParking Space(s), Visitor Parking

Additional Information

Siding Other

Landscaping Paved driveway

Price History

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Top Secret

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