Property Type: | Building |
TERMS: | Sale |
Zoning Type: | Commercial |
Prime Mixed-Use Investment Opportunity in Downtown Summerside! This incredibly rare offering presents a meticulously maintained building with 16 residential units and 8 diverse commercial spaces (retail and restaurant) right in the heart of the city. Boasting 100% occupancy with exceptional tenants and a high capitalization rate, enjoy a highly visible location on a busy street with abundant foot traffic, complemented by ample public parking at the rear on First Street. A solid foundation ensures lasting value in this high-demand asset. This property is a smart and secure investment, priced to sell quickly.
Contact Person: | Eva Clow |
Company: | Royal LePage Prince Edward Realty |
WEB: | https://www.royallepage.ca/en/agent/prince-edward-island/charlottetown/eva-clow/86367/ |
EMAIL: | evaclow@royallepage.ca |
TEL: | 902-338-1210 |
PROPERTY DETAILS: |
Current/Previous Use: Commercial and residential MLS: 202522076 Multi-tenant building: Yes Building Age: 57 years Number of Floors: 3 Heating/Cooling: A/C, ventilation system Lot Size: 0.43 acres Entire Building sq/ft.: 26,532 Parking: Lot behind bldg, street parking Sprinklered: Yes Security: Security system, monitored alarm, smoke detectors Networked: Yes |
TERMS: |
Sale Price: $1,999,999 |
UTILITIES: |
Power on Site: Yes Telecom on Site: Yes |