227-239 Water Street Summerside, Prince Edward Island C1N 1G2
$2,160,000
Prime Mixed-Use Investment Opportunity in Downtown Summerside! This incredibly rare offering presents a meticulously maintained building with 16 residential units and 8 diverse commercial spaces (retail and restaurant) right in the heart of the city. Boasting 100% occupancy with exceptional tenants and a high capitalization rate, . Enjoy a highly visible location on a busy street with abundant foot traffic, complemented by ample public parking at the rear on 1st Street. A solid foundation ensures lasting value in this high-demand asset. This property is a smart and secure investment, priced to sell quickly! (id:56351)
Business
| Business Type | Retail and Wholesale, Residential |
| Business Sub Type | Shopping center, Residential |
Property Details
| MLS® Number | 202512411 |
| Property Type | Other |
| Community Name | Summerside |
| Amenities Near By | Public Transit, Shopping |
| Community Features | High Traffic Area |
| Features | Paved Driveway |
Building
| Amenities | Air Conditioning, Laundry Facility |
| Constructed Date | 1968 |
| Construction Material | Steel Frame, Wood Frame |
| Cooling Type | Ventilation System |
| Fire Protection | Security System, Monitored Alarm, Smoke Detectors, Sprinkler System-fire |
| Flooring Type | Other |
| Size Interior | 26,532 Ft2 |
| Total Finished Area | 26532 Sqft |
| Utility Water | Municipal Water |
Parking
| Parking Space(s) |
Land
| Acreage | No |
| Land Amenities | Public Transit, Shopping |
| Land Disposition | Cleared |
| Size Irregular | 0.43 |
| Size Total | 0.4300|under 1/2 Acre |
| Size Total Text | 0.4300|under 1/2 Acre |
| Zoning Description | D1 |
https://www.realtor.ca/real-estate/28371300/227-239-water-street-summerside-summerside
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May 28 2025 06:07:46
Prince Edward Island Real Estate Association
Royal LePage Prince Edward Realty