Property Type: Building
TERMS: Sale
Zoning Type: Commercial

613 South Drive, Summerside, PE, C1N 3Z6

Excellent Investment Opportunity at 613 South Dr! This well maintained income property features four commercial units plus a two bedroom apartment with an attached garage. The property consists of Units A, B, C, D, and E, all currently fully leased, providing a strong and stable rental income stream. Ideally located on busy South Dr, this property offers excellent exposure and convenient access to downtown and the waterfront boardwalk. The surrounding area features strong commercial activity, convenient transportation, and easy access to local amenities. The property has been very well maintained and is easy to manage, making it an ideal addition to any investment portfolio. With 100% occupancy, multiple income producing units, and a desirable location, this property offers an excellent opportunity for investors seeking a solid, income producing commercial property with strong rental potential. All building and room dimensions are approximate and should be verified by the Buyer. Do not miss this outstanding investment opportunity!

Contact Person: Fan Zheng
Company: Century 21 Northumberland
WEB: https://thepower.team/
EMAIL: fan@century21pei.com
TEL: 902-439-0150
PROPERTY DETAILS: Current/Previous Use: Retail, residential
MLS: 202623323
Multi-tenant building: Yes
Building Age: 55 years
Heating/Cooling: Heat pumps
Lot Size: 0.43 acres
Entire Building sq/ft.: 4,541
Parking: Dedicated parking lot (asphalt, gravel)
Property ID: 68692
Networked: Yes
Restrooms: Yes
TERMS: Sale Price: $649,000
Taxes: $7,654
UTILITIES: Power on Site: Yes
Telecom on Site: Yes
ADDITIONAL INFORMATION: Sale History: 11/13/2018 -- $315,000; 12/31/2012 -- $275,000; 1/21/2004 -- $110,000