210-216 Water Street , Summerside PE C1N 1B3

Sale $1,050,000  | 
Listing # 202409514
Listing courtesy of Royal LePage Prince Edward Realty
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Listing courtesy of: 

ROYAL LEPAGE PRINCE EDWARD REALTY  |  Phone: 902-393-9155

Office Listing:

Omid Talebi, Real Estate Representative  |  Kally Thorsteinson

For more information, please contact:

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

Brokerage

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

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.

Commercial : Other

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