For Sale

$1,050,000

210-216 Water Street , Summerside, PE C1N 1B3

Remarks

Introducing 210-216 Water Street, an exceptional & premier investment opportunity nestled in the heart of downtown Summerside. This meticulously maintained property boasts a range of residential and commercial units, providing a diverse and lucrative income stream for investors and entrepreneurs alike. With 8 residential units on the top floor, including a mix of 2-bedroom, 1-bedroom, and bachelor units, the property caters to a broad rental market, ensuring steady occupancy and income. Meanwhile, the main floor features 8 commercial units, offering endless possibilities for businesses to thrive in a high-visibility, high-foot-traffic location. Recent upgrades, including a newer roof and furnaces, ensure the building's long-term viability and peace of mind for its owner. Plus, with its prime location just minutes away from essential amenities, dining options, the boardwalk, and the picturesque ocean, residents and tenants alike will enjoy unparalleled convenience and leisure opportunities. Detailed financial information is available upon signing a Non-Disclosure Agreement (NDA). Don't let this prime opportunity slip away – seize the chance to own a premier investment property in downtown Summerside today.

Property Summary

  • Annual Tax Amount: $16,501.00 (2024)
  • Lot Size: 0.19 acres
  • Floor Space (approx): 15600 Square Feet
  • Built in: 1989

Property Features:

  • Building Features:
    Wheelchair Accessible
  • Building Amenities:
    Laundry Facilities
  • Building Amenities:
    Laundry Facilities
  • Driveway/Parking:
    Parking Spaces(s)
  • Fire Protection:
    Alarm , Hydrant , Monitored Alarm System , Smoke Detector
  • Flooring:
    Concrete , Wood
  • Fuel Type:
    Oil
  • Heating/Cooling Type:
    Baseboard , Furnace , Radiator
  • Property Size:
    Under 0.5 Acres
  • Rental Equipment:
    None
  • Roof:
    Asphalt Shingle
  • Site Influences:
    Public Transportation , Shopping Nearby , Visual Exposure , High Traffic Location
  • Site Influences:
    Public Transportation , Shopping Nearby , Visual Exposure , High Traffic Location
  • Sub-type:
    Office , Other , Residential Units
  • Title to Land:
    Freehold
  • Utilities:
    Municipal Water
  • Water Source:
    Municipal

Listing courtesy of: 

ROYAL LEPAGE PRINCE EDWARD REALTY

Office Listing: 

Omid Talebi - Real Estate Representative  ,  Kally Thorsteinson

Lifestyle
Neighbourhood Info
Shaw Team- Real Estate in PEI

Shaw Team- Real Estate in PEI

Phone:  902.213.5235

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Royal LePage Prince Edward Realty, Brokerage (Independently owned and operated)

1 - 87 John Yeo DR
Charlottetown,  PE C1E 3J3

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