176 Old Ferry Road, Bayside, Prince Edward Island

$475,000

Previous Next

7.60

Acres

About 176 Old Ferry Road

Rare Waterfront Business & Investment Opportunity, 176 Old Ferry Road, Bayside, PEI. Situated just 25 minutes from Summerside, this exceptional property features over 1,000 feet of prime waterfront on the Grand River and presents a standout real estate investment with immediate revenue potential. Currently operated as a seasonal rental business, the property comprises five cottages, two 3 bedroom and three 2 bedroom units, many featuring warm pine interiors and a classic Maritime charm. Modern comforts and functional updates are already in place, including two units equipped with heat pumps and propane stoves to extend the rental season, three units with electric heat, and three newly pumped septic systems, making the entire operation prepped and ready for next years guests. Priced strictly on the exceptional value of the land, location, and real estate footprint rather than past business yield, this property generates consistent average seasonal income while offering tremendous upside for growth. Offered "as is, where is" with select financial documentation available, this is an affordable, high potential opportunity to secure prime PEI waterfront real estate with a turnkey summer rental business built right in. (id:36535)

Features of 176 Old Ferry Road

Listing # 202623922
Price $475,000
Bathrooms 0.00
Acres 7.60
Year Built 2005
Type Other
Sub-Type Freehold

Community Information

Address 176 Old Ferry Road
Subdivision Bayside
City Bayside
Province Prince Edward Island
Postal Code C0B1Y0

Amenities

Amenities Water Nearby, Laundry Facility
Parking Gravel
Is Waterfront Yes
Waterfront Waterfront on river
Has Pool No

Interior

Fireplace No
# of Stories 1
Has Basement No

Exterior

Construction Unknown

Listing Details

OfficeCourtesy Of CENTURY 21 NORTHUMBERLAND REALTY

Listing Map