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227-239 Water Street

Summerside, Prince Edward Island C1N1G2

MLS® 202527148

Active

$1,999,999

26,532 sq ftLot: 0.43Built 1968Other

About This Property

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:65025)

Property Details

Living Area26,532 sq ft

Year Built1968

CoolingVentilation system

Water SourceMunicipal water

Land Details

Lot Size0.43

Dimensions0.43

Lot FeaturesPaved driveway

Water SourceMunicipal water

Parking

FeaturesParking Space(s)

Schools

Elementary (K–6)Parkside Elementary

Intermediate (7–9)Summerside Intermediate

High School (10–12)Three Oaks Senior High

English public schools (ELSB). Source: PEI Public Schools Branch

Location

Listed by

ROYAL LEPAGE PRINCE EDWARD REALTY