93 Water Street Charlottetown, Prince Edward Island C1A 1A5
$1,355,000
This is your chance to own a prime piece of real estate in one of the most desirable and historic areas of Prince Edward Island. Located on bustling Water Street, just steps from the Charlottetown waterfront, 93 Water Street is a fully tenanted mixed-use building offering a strong return and long-term investment security. The building features two ground-floor commercial units, each with street-facing storefronts that benefit from high pedestrian traffic, excellent visibility, and easy access. These commercial spaces are currently leased to established local businesses, providing immediate and stable income. With large display windows and entrances directly on Water Street, the commercial spaces are both attractive and functional for a wide range of retail or service-oriented tenants. On the upper floors, the property includes four well-maintained residential apartments, each with two bedrooms and one full bathroom. These units are bright, spacious, and thoughtfully laid out to maximize comfort and livability. The apartments have been consistently rented and are in high demand due to the unbeatable downtown location, within walking distance to everything Charlottetown has to offer - including shops, restaurants, the Confederation Centre of the Arts, and the scenic boardwalk. The property's zoning supports a range of commercial uses, making it a flexible asset for any investor looking to grow their portfolio in one of Atlantic Canada?s most charming and active real estate markets. Whether you're looking for a turnkey income property or a strategic addition to your investment holdings, 93 Water Street offers location, versatility, and consistent revenue in a tightly held market. ** Pictures were taken by Junkai Zhou and used with his expressed permission **. (id:56351)
Property Details
| MLS® Number | 202510460 |
| Property Type | Multi-family |
| Neigbourhood | Downtown |
| Community Name | Charlottetown |
| Amenities Near By | Golf Course, Park, Playground, Public Transit, Recreation, Shopping, Marina |
| Community Features | School Bus |
| Equipment Type | None |
| Rental Equipment Type | None |
Building
| Amenities | Cable Tv, Laundry Facility |
| Appliances | Stove, Dryer, Washer, Refrigerator |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Flooring Type | Laminate, Tile |
| Foundation Type | Poured Concrete, Stone |
| Heating Fuel | Oil |
| Heating Type | Baseboard Heaters, Furnace, Hot Water |
| Type | Apartment |
| Utility Water | Municipal Water |
Parking
| Parking Space(s) | |
| Shared |
Land
| Acreage | No |
| Land Amenities | Golf Course, Park, Playground, Public Transit, Recreation, Shopping, Marina |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.06 |
| Size Total | 0.0600|under 1/2 Acre |
| Size Total Text | 0.0600|under 1/2 Acre |
| Zoning Type | Multi-family |
https://www.realtor.ca/real-estate/28287368/93-water-street-charlottetown-charlottetown
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May 09 2025 03:41:14
Prince Edward Island Real Estate Association
RE/MAX Charlottetown Realty