A rare opportunity to own an established, income-producing commercial/residential property in Richmond, Prince Edward Island — with the flexibility to continue the existing business or create something entirely your own.
Currently operating as a popular café, the property offers a fully functioning commercial space with existing infrastructure, equipment, an established customer base, and residential living space on site. For a buyer who wants to step into business ownership, much of the groundwork is already done.
The real value, however, is in the flexibility.
A new owner can continue operating the café, introduce a completely new restaurant concept, develop a bakery, takeout business, specialty market, retail operation, service-based business, office space, or explore other commercial development opportunities permitted for the property.
This makes the property appealing not only to restaurant operators, but also to entrepreneurs, investors, developers, families, and newcomers looking for a place where they can live, work, build, and grow.
Rather than starting from an empty building, the buyer is acquiring a property that already has commercial infrastructure in place, an established operating business, residential space, and the freedom to reshape the property around their own vision.
Located on Western Road in Richmond, PEI, with convenient access to Summerside and surrounding communities, this property offers an excellent opportunity for someone looking to establish themselves in Prince Edward Island while owning the real estate beneath their business.
Whether the goal is to operate an existing turnkey business, introduce a new concept, create multiple income streams, or further develop the commercial property, there is significant flexibility for the next owner to make this property their own.
Asking Price: $435,000 plus applicable HST.
Motivated seller. Serious buyers and purchasers able to move quickly are encouraged to inquire.
