227-239 Water Street, Summerside, Prince Edward Island

$1,699,000

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26,532

Square feet

About 227-239 Water Street

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! Recent roof maintenance includes partial repairs and updated shingle replacement. (id:36535)

Features of 227-239 Water Street

Listing # 202622000
Price $1,699,000
Bathrooms 0.00
Square Footage 26,532
Acres 0.00
Year Built 1968
Type Other
Sub-Type Freehold

Community Information

Address 227-239 Water Street
Subdivision Summerside
City Summerside
Province Prince Edward Island
Postal Code C1N1G2

Amenities

Amenities Public Transit, Shopping, Air Conditioning, Laundry Facility
Features Paved driveway
Parking Parking Space(s)
Is Waterfront No
Has Pool No

Interior

Cooling Ventilation system
Fireplace No
Has Basement No

Exterior

Construction Steel frame, Wood frame

Listing Details

OfficeCourtesy Of ROYAL LEPAGE PRINCE EDWARD REALTY

Listing Map