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210-216 Water Street Summerside, Prince Edward Island C1N 1B3

15600

$1,299,000

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. (id:40976)

Business

BusinessType Other, Other, Residential
BusinessSubType Other, Offices, Residential

Property Details

MLS® Number 202409514
Property Type Other
Community Name Summerside
AmenitiesNearBy Public Transit, Shopping
CommunityFeatures High Traffic Area

Building

Amenities Laundry Facility
ConstructedDate 1989
FireProtection Monitored Alarm, Smoke Detectors
FlooringType Concrete, Wood
StoriesTotal 2
SizeInterior 15600
TotalFinishedArea 15600 Sqft
UtilityWater Municipal Water

Parking

Parking Space(s)

Land

Acreage No
LandAmenities Public Transit, Shopping
SizeIrregular 0.19 Acres
SizeTotalText 0.19 Acres|under 1/2 Acre
ZoningDescription C1

https://www.realtor.ca/real-estate/26855853/210-216-water-street-summerside-summerside

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