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). 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:2493)More details
At the heart of one of Prince Edward Islands most iconic tourist corridors sits a rare business offering with proven performance exceptional visibility and long-term upside. Cavendish Fish & Chips is more than a seasonal favourite it is a recognizable destination anchored in one of the provinces highest foot-traffic locations. For investors the property presents a turnkey business operation with strong brand equity and repeat clientele while also offering flexibility for future repositioning. The business has operated successfully for over 13 years and continues to show consistent growth under the current ownership supported by efficient service flow a spotless and professionally outfitted kitchen and a dedicated gluten-free preparation area that has earned loyal reviews. A spacious indoor dining layout is complemented by an approximately 900 sq. ft. outdoor deck creating multiple revenue streams and an atmosphere that keeps customers on-site longer and coming back year after year. Increasing demand for take-out catering and private hosting provides clear avenues for expansion beyond current operations. The building sits on a generous lot in the core of Cavendish with excellent exposure on-site parking and easy accessibility for both vehicles and pedestrians. Ceiling heights utility capacity and recent upgrades?including a new heat pump?support ongoing commercial use while preserving adaptability for future tenants or redevelopment subject to local zoning and planning considerations. Surrounded by PEIs most visited attractions beaches accommodations and entertainment venues the location benefits from steady seasonal tourism traffic and strong surrounding commercial synergy. This is a strategic acquisition for buyers seeking immediate income today with the location value and flexibility to support long-term investment redevelopment or mixed-use potential in one of the province?s most enduring destination markets. (id:2493)More details
Data was last updated April 4, 2026 at 02:15 AM (UTC)
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