Property Type: Building
Zoning Type: Commercial

210-216 Water Street, Summerside, PE, C1N 1B3

Introducing 210-216 Water Street, an exceptional and premier investment opportunity nestled in the heart of Downtown Summerside. This meticulously maintained property boasts a range of residential and commercial units, providing a diverse and lucrative income stream for investors and entrepreneurs alike. With 8 residential units on the top floor, including a mix of 2-bedroom, 1-bedroom, and bachelor units, the property caters to a broad rental market, ensuring steady occupancy and income. Meanwhile, the main floor features 8 commercial units, offering endless possibilities for businesses to thrive in a high-visibility, high-foot-traffic location. Recent upgrades, including a newer roof and furnaces, ensure the building's long-term viability and peace of mind for its owner. Plus, with its prime location just minutes away from essential amenities, dining options, the boardwalk, and the picturesque ocean, residents and tenants alike will enjoy unparalleled convenience and leisure opportunities. Detailed financial information is available upon signing a Non-Disclosure Agreement (NDA). Don't let this prime opportunity slip away. Seize the chance to own a premier investment property in Downtown Summerside today.

Contact Person: Omid Talebi
Company: Royal LePage Prince Edward Realty
TEL: 902-393-9155
PROPERTY DETAILS: Current/Previous Use: Residential, retail, office
MLS: 202409514
Multi-tenant building: Yes
Building Age: 35 years
Number of Floors: 2
Heating/Cooling: Baseboard heating (oil), ventilation system
Lot Size: 0.19 acres
Entire Building sq/ft.: 15,600
Property ID: 309609
Security: Monitored alarm
Networked: Yes
TERMS: Sale Price: $1,299,000
UTILITIES: Power on Site: Yes
Telecom on Site: Yes