210-216 Water Street Summerside, Prince Edward Island C1N 1B3
$1,350,000
Prime Investment Opportunity in Downtown Summerside! Welcome to 210-216 Water Street, a fantastic property with immense potential in the heart of downtown Summerside. This well-maintained building offers an incredible opportunity for investors or entrepreneurs looking for a lucrative venture. Located on the top floor are 8 residential units, featuring a mix of three 2-bedroom units, three 1-bedroom units, and two bachelor units. This diverse range of units ensures a flexible rental market and steady income stream. Tenants will enjoy comfortable living spaces and the convenience of being located in the bustling downtown area. On the main floor, you'll find 8 commercial units, providing endless possibilities for businesses. Take advantage of the high visibility and foot traffic in this central location to establish your own enterprise or lease out the units for additional income. The building has been well-maintained, with newer roof and furnaces ensuring peace of mind for the future owner. Some units have also been updated with new flooring, adding to the overall appeal and value of the property. Situated just minutes away from banking services, restaurants, the boardwalk, and the beautiful ocean, this location offers the perfect blend of convenience and leisure. Residents and tenants will have easy access to all that Summerside has to offer, making it an attractive destination for potential renters or customers. For interested buyers, detailed financial information is available after signing a Non-Disclosure Agreement (NDA). This will allow you to assess the potential return on investment and make an informed decision. Don't miss out on this exceptional opportunity to own a prime property in downtown Summerside. (id:27823)
Business
| Business Type | Other, Other, Residential |
| Business Sub Type | Other, Offices, Residential |
Property Details
| MLS® Number | 202318254 |
| Property Type | Retail |
| Community Name | Summerside |
| Amenities Near By | Shopping |
| Community Features | High Traffic Area |
Building
| Amenities | Laundry Facility |
| Constructed Date | 1989 |
| Construction Material | Masonry, Concrete Walls, Wood Frame |
| Fire Protection | Monitored Alarm |
| Flooring Type | Concrete, Wood |
| Stories Total | 2 |
| Size Interior | 15600 |
| Total Finished Area | 15600 Sqft |
| Utility Water | Municipal Water |
Parking
| Parking Space(s) |
Land
| Acreage | No |
| Land Amenities | Shopping |
| Size Irregular | 0.19 Of An Acre |
| Size Total Text | 0.19 Of An Acre|under 1/2 Acre |
| Zoning Description | C1 |
https://www.realtor.ca/real-estate/25994468/210-216-water-street-summerside-summerside
Interested?
Contact us for more information
Ron Barrett
(902) 436-2687
(902) 888-7238
www.ronbarrettrealestate.com/
629 Water Street East
Summerside, Prince Edward Island C1N 4H8
(902) 436-2265
(902) 436-2687
www.century21pei.com
Steven Barrett
629 Water Street East
Summerside, Prince Edward Island C1N 4H8
(902) 436-2265
(902) 436-2687
www.century21pei.com
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
August 29 2023 08:11:41
Prince Edward Island Real Estate Association
Century 21 Northumberland Realty