4557 Wharf Road, Cardigan, Prince Edward Island

$399,900

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10,500

Square feet

2.00

Acres

About 4557 Wharf Road

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:6289)

More Info on this Cardigan MLS® listing

4557 Wharf Road is a listing for sale in Cardigan. The MLS® number is 202626906. It was built in 1889 and covers 10,500 square feet. It's currently listed for $399,900. For more details on MLS® 202626906, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in Cardigan is available now!

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Features of 4557 Wharf Road

Listing # 202626906
Price $399,900
Square Footage 10,500
Acres 2.00
Year Built 1889
Type Industrial

Community Information

Address 4557 Wharf Road
Area Cardigan
Subdivision Cardigan
City Cardigan
Province Prince Edward Island
Postal Code C0A1G0

Amenities

Amenities Living Accommodation, Air Conditioning
Features Paved driveway
Parking Parking Space(s), Visitor Parking
Garages Parking Space(s), Visitor Parking
Is Waterfront Yes
Waterfront Waterfront on river
Has Pool No

Interior

Fireplace No
# of Stories 3
Has Basement No

Exterior

Lot Description 2
Construction Wood frame

Additional Information

Zoning Commercial

Listing Details

OfficeCENTURY 21 NORTHUMBERLAND REALTY

Listing Map

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