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Main Photo: 298 Main Street in Cornwall: Retail for sale : MLS®# 202611171
Photo 1: 298 Main Street in Cornwall: Retail for sale : MLS®# 202611171
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Status:
Active
Prop. Type:
Retail
MLS® Num:
202611171
Bus Major:
Other
?Prime Commercial Investment Opportunity in Cornwall | 0.89 Acre | Strong Income & Future Development Potential? Rare commercial investment opportunity located at the gateway to Cornwall, just minutes from downtown Charlottetown. This high-exposure property offers excellent visibility, convenient access, and outstanding future development potential. The property features approximately 0.89 acre of commercially zoned land with an existing 1,300 sq ft commercial building currently occupied by a stable tenant, providing immediate rental income for investors. In 2023, the owner completed extensive renovations and upgrades to the property, significantly enhancing both functionality and overall value. With its generous lot size and strategic location, this property offers exceptional flexibility for future expansion, redevelopment, or long-term investment holding. ?Property Highlights? ? Approx. 0.89 acre commercial lot ? Prime location at the entrance of Cornwall ? Minutes to downtown Charlottetown ? Approx. 1,300 sq ft commercial building ? Fully leased with stable rental income ? Extensive renovations and updates completed in 2023 ? High visibility and easy access ? Excellent investment and redevelopment potential ? Ideal for investors, owner-users, or future development projects A rare opportunity to own a high-potential commercial property combining immediate cash flow with long-term upside potential. Contact today for more information or to schedule a viewing. (id:2493)
Property Type:
Retail
Common Interest:
Freehold
Total Living Area:
1,360 sq. ft.
Finished Area Above Grade:
1,360 sq. ft.
Zoning:
Commercial
Taxes:
$4,482 / 2026
Community:
Cornwall
Major Business Type:
Other
Fireplace:
No
Floor finish:
Other, Wood
Water:
Municipal water
Lot Size:
0.89 acre(s)
Lot Details:
0.89
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Listed by HOMELIFE P.E.I. REALTY INC.
Data was last updated May 18, 2026 at 09:15 AM (UTC)
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.