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Main Photo: 210-216 Water Street in Summerside: Retail for sale : MLS®# 202318254
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Status:
Active
Prop. Type:
Retail
MLS® Num:
202318254
Bus Major:
Other
Bus Minor:
Other
Prime Investment Opportunity in Downtown Summerside! Welcome to 210-216 Water Street, a fantastic property with immense potential in the heart of downtown Summerside. This well-maintained building offers an incredible opportunity for investors or entrepreneurs looking for a lucrative venture. Located on the top floor are 8 residential units, featuring a mix of three 2-bedroom units, three 1-bedroom units, and two bachelor units. This diverse range of units ensures a flexible rental market and steady income stream. Tenants will enjoy comfortable living spaces and the convenience of being located in the bustling downtown area. On the main floor, you'll find 8 commercial units, providing endless possibilities for businesses. Take advantage of the high visibility and foot traffic in this central location to establish your own enterprise or lease out the units for additional income. The building has been well-maintained, with newer roof and furnaces ensuring peace of mind for the future owner. Some units have also been updated with new flooring, adding to the overall appeal and value of the property. Situated just minutes away from banking services, restaurants, the boardwalk, and the beautiful ocean, this location offers the perfect blend of convenience and leisure. Residents and tenants will have easy access to all that Summerside has to offer, making it an attractive destination for potential renters or customers. For interested buyers, detailed financial information is available after signing a Non-Disclosure Agreement (NDA). This will allow you to assess the potential return on investment and make an informed decision. Don't miss out on this exceptional opportunity to own a prime property in downtown Summerside. (id:2493)
Property Type:
Retail
Size Interior:
15,600 sq. ft.
Total Finished Area:
15,600 sq. ft.
Transaction Type:
For sale
Zoning:
C1
Ownership Type:
Freehold
Community:
Summerside
Amenities:
Shopping
Community Features:
High Traffic Area
Major Business Type:
Other, Residential
Minor Business Type:
Other, Offices, Residential
Building Amenities:
Laundry Facility
Age:
35 years
Construction Material:
Masonry, Concrete Walls, Wood frame
Fireplace:
No
Fire Protection:
Monitored Alarm
Floor finish:
Concrete, Wood
# Storeys:
2.0
Water:
Municipal water
Land Amenities:
Shopping
Acreage:
No
Lot Size:
0.19 of an acre|under 1/2 acre
Lot Details:
0.19 of an acre
Parking Type:
Parking Space(s)
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Listed by CENTURY 21 NORTHUMBERLAND REALTY
Data was last updated February 28, 2024 at 03:45 PM (UTC)
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.