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Main Photo: 601 Read Drive in Summerside: Other for sale : MLS®# 202312784
Photo 1: 601 Read Drive in Summerside: Other for sale : MLS®# 202312784
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Photo 50: 601 Read Drive in Summerside: Other for sale : MLS®# 202312784
Status:
Active
Prop. Type:
Other
MLS® Num:
202312784
Bus Major:
Industrial
Bus Minor:
Warehouse
LOCATION LOCATION LOCATION! This exceptional commercial property presents a unique opportunity as it is currently divided into two separate units. Boasting over 24,000 square feet, 7,000 square feet already leased on one side by City Flooring, there is an immediate income stream in place. However, the possibilities for this building and property extend far beyond its current configuration. Sitting on a spacious 3.14-acre parcel with excellent highway exposure, this property offers endless possibilities for expansion and development. The existing division into two separate units provides flexibility for various business ventures. You can capitalize on the existing income stream from the leased unit while exploring the potential of the remaining space. The property's prime location and ample space make it perfect for a retail/warehouse mix or even a manufacturing facility with a showroom. The mezzanine overlooking the showroom floor adds an additional level of functionality and visual appeal. With the additional lot included, there is further room for expansion or alternative revenue-generating opportunities. You can consider adding onto the current building, expanding the driveway space, or even selling the .66-acre lot next to the building. The property's positioning on a hill enhances its visibility and makes it a standout location for those driving into Summerside. Its C-2 zoning designation allows for a wide range of commercial uses, providing even more flexibility for your business plans. Take this opportunity to capitalize on the property's prime location, income potential, and ample space. Explore the possibilities, unlock its full potential, and make this property the foundation for your business's success. (id:2493)
Property Type:
Other
Size Interior:
25,782 sq. ft.
Total Finished Area:
25,782 sq. ft.
Transaction Type:
For sale
Zoning:
C-2
Community:
Summerside
Amenities:
Highway
Community Features:
High Traffic Area, Public Washrooms
Major Business Type:
Industrial, Other
Minor Business Type:
Warehouse, Other, Offices
Building Amenities:
Air Conditioning
Age:
47 years
Construction Material:
Steel frame
Cooling:
Ventilation system
Fireplace:
No
Floor finish:
Concrete, Other
# Storeys:
2.0
Water:
Municipal water
Land Amenities:
Highway
Road Access:
Highway access
Acreage:
Yes
Lot Size:
3.14 Acres|3 - 10 acres
Lot Details:
3.14 Acres
Parking Type:
Parking Space(s), Paved Yard, Gravel
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Data was last updated February 28, 2024 at 06:45 PM (UTC)
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