50
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$895,000
Est. payment /mo
2,500 SqFt
Active
5607 Rte 13 New Glasgow, C0A1N0
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Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500
Square Footage 2,500 sqft
Price per Sqft $358
Subdivision New Glasgow
MLS® Listing ID 202603796
Year Built 1849
Lot Size 1 Sqft
Acres 2.2956841E-5
Property Sub-Type Freehold
Property Description
Discover the magic of New Glasgow, PEI, with this extraordinary property that offers both a profitable toy store and a charming, completely renovated historic residence. In addition to the toy shop, toymaking factory, and stock room, you?ll find a waterview four-bedroom, three-bathroom home attached, perfect if you?re seeking a unique work-from-home lifestyle or a profitable new business venture. Gorgeous views of the River Clyde greet you through the windows and from the covered veranda. The Toy Factory has been carefully designed so that anyone can run it. With mentorship and in-house training available from the current owners, this turn-key business is simple to step into, whether you?re a seasoned entrepreneur or completely new to retail & production. The store is fully stocked with best-selling inventory, and exclusive supplier relationships are in place, ensuring a seamless transition. Beyond its enchanting facade, this property boasts practical features with a heat pump installed in 2022, a new electric hot water heater added in 2024, and updated electrical systems with separate meters for the residence and business. A new $50,000 septic system was installed in 2021, and the durable metal roof was added in 2009. Recent exterior improvements include a repaved parking lot, new concrete curbing, and fresh paint. Inside, the retail store was completely refreshed in 2013, the workshop was redesigned specifically for wooden toymaking in 2017, and in the last 3 years, the residence has been fully updated with a new kitchen, new paint, windows, flooring & crown moulding, and updated bathrooms. A rare find, combining the charm of a beautifully restored home with the benefits of modern upgrades. A unique opportunity to continue the tradition of The Toy Factory or to add your own spin on a successful business. A 0.3-acre riverfront lot can be negotiated - providing river access and potential for small-scale commercial use such a (id:24570)
Rooms
Kitchen 0.0
Interior
Flooring Wood, Other
Exterior
Parking Features No
Community Features High Traffic Area, Public Washrooms
View Y/N Yes
View River view
Attached Garage No
Garage No
Private Pool No
Others
Ownership Freehold
Listed by PROVINCIAL REALTY
Nearby Locations
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