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30166 Western Road

Wellington, Wellington, PE, C0B2E0

Listed by CENTURY 21 NORTHUMBERLAND REALTY

$699,900

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  • 5340 sq ft

Listed 139 days ago · MLS® 202613278

About this home

Welcome to 30166 Western Road, a meticulously maintained mixed use property in Wellington that offers a rare combination of strong rental income, high highway visibility, and excellent mechanical reliability. Situated on a newly severed 2 acre parcel, this versatile building is a dream setup for any investor looking for a turnkey property with a fantastic cap rate. The building is fully tenanted and features three distinct, spacious residential apartments: a comfortable 3 bedroom layout spanning approximately 1,200 square feet, a 2 bedroom unit at roughly 1,000 square feet, and a massive, oversized 1 bedroom unit that tenants love. Complementing the residential side is a prime 1,360 square foot commercial section. Perfectly positioned to capitalize on heavy traffic along Western Road, this commercial space operates on its own separate electric meter, making utility management straightforward. The entire property has been exceptionally well cared for, giving peace of mind to its next owner. Key mechanical upgrades include energy efficient heat pumps and a complete HVAC system, all of which are less than 5 years old. To ensure uninterrupted operation for both residents and commercial tenants, the property is also equipped with a robust 22 kilowatt backup generator featuring automatic transfer switches. Whether you are looking to expand your portfolio or secure a reliable multi stream income property on PEI, this Wellington gem delivers on every front. (id:66966)

Details

Type
Retail
Size
5340 sq ft
Property tax
$5,275 (2026)
Neighbourhood
Wellington
Municipality
Wellington

Interior

Fireplace
No

Building and exterior

Exterior
Wood frame

More

Business type
Restaurant, Residential

Location

Location is approximate. See nearby homes on the map

Listed by CENTURY 21 NORTHUMBERLAND REALTY.

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