174 Pickles Lane

About this home

Nestled in the heart of Alexandra, Prince Edward Island, lies a remarkable investment opportunity for individuals seeking to capitalize on the region's commercial potential. This expansive 125-acre mixed-use property offers a canvas of development possibilities, combining modern office spaces, residential comfort, and agricultural utility, all in one comprehensive package. Constructed in 2014 with a recent office extension in March 2020, the main building complex spans nearly 11,000 square feet and includes a luxurious owner's living unit. The property boasts additional land ready for future development, supplemented by outbuildings such as a 7,200-square-foot heated indoor riding arena, an equipment shed, and a multifunctional shop/garage. The property presents a picturesque rural setting with minimal area commercial development, ensuring privacy and serenity. Its long access lane leads to an elevated position with breathtaking water views of Pownal Bay, setting the stage for a tranquil yet strategic investment locale. Approximately 7 acres of meticulously fenced paddock areas, as well as walking and riding trails, provide a pastoral charm that complements the commercial prospects of the site. The potential for future expansion is considerable, with a large site area designated for development. The current setup allows for a variety of uses?be it maintaining the equestrian facilities or repurposing the extensive square footage for alternative enterprises. This unique property, situated within a stone's throw from Stratford and the capital city of Charlottetown, is a rare find. It offers investors quality assets with reuse and redevelopment potential in a sought-after area of the province. Lots of potential for a buyer that could tailor the facility, land, and infrastructure to a variety of uses, capitalizing on its strategic location and the privacy provided by its 0.85 km laneway from Pownal Road. (id:66966)

Details

Type

Agriculture

Style

None

Size

10993 sq ft

Basement

None

Garage

Garage

Property tax

$18,073

Neighbourhood

Stratford

Municipality

Stratford

Interior

Bedrooms

2 above ground

Fireplace

No

Appliances

Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave

Flooring

Concrete

Heating, cooling and services

Water and sewer

Septic System

Utilities

Electricity, Cable, Telephone

Building and exterior

Year built

2015

Foundation

Poured Concrete

Outdoor

Vinyl

Parking

Driveway and parking

Detached Garage, Parking Space(s), Gravel

Location

Location is approximate. See nearby homes on the map