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$1,190,000
Prince Edward Island,Charlottetown
For Sale Active
51 Grafton Street, Charlottetown, Prince Edward Island C1A1K8
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Basic Details
Description

Discover an exceptional investment asset located at a prominent, high-traffic intersection in the vibrant center of downtown Charlottetown. This distinguished three-story building seamlessly blends commercial stability with residential comfort, offering a proven track record of income generation. The ground floor features established commercial retail space with a legacy of over 20 years of successful restaurant operations, ensuring high visibility and

consistent foot traffic. The upper two levels are comprised of three spacious residential units, two of the units are a two-bedroom, one-bathroom layout, and the third is a three bedroom, one bathroom layout. The building is currently 100% occupied, providing immediate cash flow for the new owner. Ideally situated for both tenants and clientele, the property is surrounded by major office buildings, commercial centers, and shopping venues. As a hub for summer tourism, the location benefits from the seasonal influx of visitors while maintaining a steady local clientele year-round. Uniquely for the downtown core, the property includes a private two-car driveway for the owner’s exclusive use, while tenants and customers enjoy the convenience of ample surrounding street parking. Whether you are a seasoned investor seeking a turnkey portfolio addition or looking for a mixed-use property for personal ownership, this building represents a rare opportunity in PEI?s capital. (id:62650)

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Basic Details
  • Property Type: Other
  • Listing Type: For Sale
  • Listing ID: 202528906
  • Price: $1,190,000
  • Year Built: 2025
  • Status: Active
  • Property Sub Type: Other
  • Office Key: 49917
Features & Appliances
Features
  • Parking: Other
  • Flooring: Concrete, Other
Address Map
  • Location: CA, Prince Edward Island, Charlottetown, C1A1K8
  • Street: Grafton
  • Street Number: 51
  • Street Suffix: Street
  • Longitude: W64° 52' 13.6''
  • Latitude: N46° 14' 1.2''
Additional Information
  • Water Source:
  • Business Type: Other, Restaurant, Residential
  • Community Features:
  • Lot Features:
  • Lot Size Dimensions: 0.1
Financial
  • Tax Annual Amount: 19483.58
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Listing updated: 2026-07-02 00:05:57
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Listing Information
  • List Agent Key: 2203264
  • List Office Key: 49917
  • Modification Timestamp: 2026-06-11T12:00:01Z
  • Originating System Name: Prince Edward Island Real Estate Association
  • Status Change Timestamp: 2026-06-11T11:45:44Z
Powered by REALTOR.ca
Listing updated: 2026-07-02 00:05:57
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