15600 sqft
$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:46889)
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 Sqft |
TotalFinishedArea | 15600 Sqft |
UtilityWater | Municipal Water |
Parking
Land
Acreage | No |
LandAmenities | Public Transit, Shopping |
SizeIrregular | 0.19 |
SizeTotal | 0.19 Ac|under 1/2 Acre |
SizeTotalText | 0.19 Ac|under 1/2 Acre |
ZoningDescription | C1 |
https://www.realtor.ca/real-estate/26855853/210-216-water-street-summerside-summerside