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Northumberland Realty (1987) Ltd.



210-216 Water Street Summerside, Prince Edward Island C1N 1B3



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:53748)


Business Type Other, Other, Residential
Business Sub Type Other, Offices, Residential

Property Details

MLS® Number 202318254
Property Type Retail
Community Name Summerside
Amenities Near By Shopping
Community Features High Traffic Area


Amenities Laundry Facility
Constructed Date 1989
Construction Material Masonry, Concrete Walls, Wood Frame
Fire Protection Monitored Alarm
Flooring Type Concrete, Wood
Stories Total 2
Size Interior 15600
Total Finished Area 15600 Sqft
Utility Water Municipal Water


Parking Space(s)


Acreage No
Land Amenities Shopping
Size Irregular 0.19 Of An Acre
Size Total Text 0.19 Of An Acre|under 1/2 Acre
Zoning Description C1


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