New Listing
4557 Wharf Road,Cardigan, PE C0A1G0
Cardigan, PE C0A1G0
Description
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:13843)
Details
| MLS # | 202620741 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1889 |
| Days On Site | 4 |
| Listing Provided By | CENTURY 21 NORTHUMBERLAND REALTY | Andrew Brown |
Features
| SQ Feet | 10,500 |
|---|---|
| Story(s) | 3 |
| Zoning | Commercial |
| Acreage | 2.00 |
| Water Front | Yes |
Interior
| Fireplace Yes / No | No |
|---|
Exterior
| Security Features | Smoke Detectors |
|---|---|
| Lot Features | Paved driveway |
| Construction Materials | Wood frame |
Parking
| Parking Features | Parking Space(s), Visitor Parking |
|---|
Utilities
| Water Source | Drilled Well |
|---|
Taxes
| Tax Annual Amount | 2769 |
|---|---|
| Tax Year | 2025 |
Area Information
| Province | PE |
|---|---|
| City | Cardigan |
| Postal Code | C0A1G0 |
| Listing VS Median (in C0A1G0) | |
Price: $449,000 low | high Med: $359,450 sqft: 10,500 low | high Med: 1,968 $ / sqft: $43 low | high Med: $186 On site: 4 low | high Med: 72.5 | |
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Learn More About This Property
| Province | PE |
|---|---|
| City | Cardigan |
| Postal Code | C0A1G0 |
| Listing VS Median (in C0A1G0) | |
Price: $449,000 low | high Med: $359,450 sqft: 10,500 low | high Med: 1,968 $ / sqft: $43 low | high Med: $186 On site: 4 low | high Med: 72.5 | |