Main Street, Cornwall
PRIME MAIN STREET COMMERCIAL DEVELOPMENT OPPORTUNITY IN CORNWALL Position your next investment in the heart of one of PEI's growing communities. This exceptional commercial property consists of two adjoining parcels offering approximately 1.18 acres of land along highly visible Main Street in the Town of Cornwall. With C1 General Commercial zoning, municipal water and sewer, excellent road frontage and strong traffic exposure, this property offers tremendous flexibility for investors, developers and business owners. Permitted uses include a broad range of commercial opportunities such as retail, professional and business offices, service businesses, financial institutions, restaurants and entertainment establishments. Mixed-use development incorporating commercial and residential space may also offer exciting possibilities, subject to applicable municipal approvals. The property is ideally positioned within Cornwall's established commercial corridor, close to schools, grocery stores, restaurants, professional services and growing residential neighbourhoods, with convenient access to the Trans Canada Highway. Whether your vision is a standalone commercial building, professional or medical offices, multi-tenant retail development, restaurant, service business or mixed-use project, this site offers the location, visibility, municipal services and zoning flexibility needed to bring that vision to life. Opportunities to secure 1.18 acres of commercially zoned Main Street land with municipal water and sewer in Cornwall are increasingly limited. An excellent opportunity to invest in the future growth of one of PEI's key commercial and residential communities. The two parcels may also be available for purchase individually, providing additional flexibility for buyers and developers. Listing Agent is the property owner. Co-Listing Agent is related to the property owner. (id:1945)
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Property details for Main Street, Cornwall
- Type
- Lots and Land
- Lot Size
- 1.18
- Parking
- None
- Ownership
- Freehold
- Annual Taxes
- $2,076 (2026)
Nearby Listings Stat
Estimated price and comparable properties near Main Street
Active Listings
80
Min Price
$99,000
Max Price
$7,600,000
Avg Price
$436,850
Days on Market
69
days
Sold Listings
17
Min Sold Price
$99,000
Max Sold Price
$1,960,000
Avg Sold Price
$625,659
Days until Sold
156
days
Price History
Listed
August 27, 2026
by ISLAND HOMES PEI REAL ESTATE
Current Price
$789,000
-7.2% from last change
Type
Lots and Land
For Sale
Price Changes
2
| Date | Price | Change |
|---|---|---|
| Current | $789,000 | $60,900 (-7.2%) |
| Aug 27, 2026 | $849,900 | $50,000 (-5.6%) |
| May 20, 2026 | $899,900 | Listed |