Prime Commercial Development Opportunity in the Town of Cornwall An exceptional opportunity awaits with these two adjoining vacant lots, strategically located on Main Street in the heart of Cornwall, one of Prince Edward Island's fastest-growing communities. Together, these parcels offer approximately 1.18 acres of level, cleared land, perfectly suited for a wide range of commercial or mixed use development options. The lots enjoy excellent visibility and high daily traffic exposure, providing an ideal setting for retail, office, or multi-unit projects. Zoned C1,General Commercial, this property allows for a broad range of permitted uses including retail stores, service shops, professional offices, financial institutions, restaurants, and entertainment establishments. The zoning also supports mixed-use developments combining residential and commercial spaces, offering flexibility for investors and builders looking to capitalize on Cornwall's continued growth and strong market demand. The site benefits from municipal water and sewer services, is walkable to schools, grocery stores, restaurants, and professional offices, and sits among a thriving mix of businesses and established residential neighborhoods. With excellent road frontage and convenient access to the Trans Canada Highway, this location ensures maximum exposure and accessibility for any future development. Cornwall's population and commercial base continue to expand, making opportunities like this increasingly rare. Whether you are looking to develop a standalone business, multi tenant retail plaza, or a mixed use project, these properties offer the perfect foundation for a successful investment in one of PEI's most dynamic communities. Listing Agent is the property owner. Co-Listing Agent is related to the owner.
Features: Partially Cleared, Landscaped, Level, Wooded, Year Round Road, 1 to 2.99 Acres
Details
Additional parcels included: 248005
Parcel number: 248013
Zoning: C1 General Commercial
Utilities & green energy
Sewer: Municipal
Water: Municipal
Utilities for property: Cable Connected, Electricity Connected, High Speed Internet, Phone Connected
Community & HOA
Location
Region: Cornwall
Financial & listing details
Tax assessed value: C$129,200
Annual tax amount: C$1,886
Date on market: 11/8/2025
Electric utility on property: Yes
S
Shane Mcguigan,PEI - Broker
(902) 213-1985
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Source: Prince Edward Island REA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.