316 Water Street Summerside, Prince Edward Island C1A 0A6
$849,000
Prime Commercial Condo Unit in Historic Downtown Summerside This is a rare opportunity to own a prime commercial condo unit in one of Summerside's most sought-after locations. Situated in a historic building on a bustling corner in downtown Summerside, this property boasts approximately 5600 square feet of versatile space with endless possibilities for your business. The unit offers a unique blend of old-world charm and modern convenience, with large windows that flood the space with natural light and offer stunning ocean views. Whether you're looking to expand your retail footprint, open a new office, or create a mixed-use space, this property is the perfect canvas for your vision. A significant advantage of this property is the presence of a long-term tenant who wishes to remain, providing immediate rental income to help offset your expenses. This existing tenant ensures a steady cash flow while you develop the vacant portion of the unit to suit your needs. The condo unit includes six assigned parking spaces, ensuring easy access for both you and your clients. A full-access loading dock at the back of the building makes operations smooth and convenient, while an additional 778 square feet of basement storage provides ample room for inventory,supplies or potential expansion. Located next to a busy coffee shop and with modern residential condos above, this property is at the heart of a vibrant community. The Summerside boardwalk is just steps away, attracting foot traffic and increasing your business's visibility. Condo fees are $2,231 per month, covering heating, exterior maintenance, window washing, snow removal, and general upkeep, allowing you to focus on what matters most?your business. Don't miss out on this exceptional opportunity to secure a prime commercial space in the thriving and historic part of Summerside. Contact us today to learn more or to schedule a viewing. (id:56351)
Business
| BusinessType | Other, Other |
| BusinessSubType | Other, Offices |
Property Details
| MLS® Number | 202420995 |
| Property Type | Other |
| Community Name | Summerside |
| ViewType | Ocean View |
Building
| ConstructedDate | 1924 |
| FireProtection | Smoke Detectors, Sprinkler System-fire |
| FlooringType | Other |
| SizeInterior | 6378 Sqft |
| TotalFinishedArea | 6378 Sqft |
| UtilityWater | Municipal Water |
Parking
| Parking Space(s) | |
| Paved Yard |
Land
| Acreage | No |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | Commercial |
https://www.realtor.ca/real-estate/27345629/316-water-street-summerside-summerside
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August 30 2024 12:11:06
Prince Edward Island Real Estate Association
RE/MAX Harbourside Realty