4557 Wharf Road, Cardigan
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:1945)
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Property details for 4557 Wharf Road, Cardigan
- Type
- Commercial
- Living Area
- 10,500 square feet
- Lot Size
- 2
- Stories
- 3
- Parking
- Parking Space(s), Visitor Parking
- Ownership
- Freehold
- Annual Taxes
- $2,769 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 4557 Wharf Road
Active Listings
4
Min Price
$24,900
Max Price
$499,900
Avg Price
$255,175
Days on Market
162
days
Sold Listings
2
Min Sold Price
$1,500,000
Max Sold Price
$1,500,000
Avg Sold Price
$1,500,000
Days until Sold
114
days
Price History
Listed
August 17, 2026
by CENTURY 21 NORTHUMBERLAND REALTY
Current Price
$449,000
Type
Commercial
For Sale
