Property Type: Building
TERMS: Sale
Zoning Type: Commercial

205 Water Street, Summerside, PE, C1N 1B4

Discover the potential of 205 Water Street in the heart of downtown Summerside! This versatile property features a spacious 5-bedroom residence above, ready for your personal touch, alongside two thriving commercial rentals on the main level. With current tenants already in place, this is an ideal opportunity for those looking to live in the vibrant downtown area while running a business or managing rental income. The residential space has new windows and updated electrical, with some cosmetic renovations already started in the bathroom, waiting for your finishing touches. Imagine the possibilities of a weekly rental above, combined with established commercial leases below. Don't miss your chance to invest in a prime location in PEI's second-largest city. Lot goes street to street. Opportunities like this are rare and endless!

Contact Person: Ron Barrett
Company: Century 21 Northumberland
WEB: https://www.century21.ca/ronald.barrett
EMAIL: ron@century21pei.com
TEL: 902-888-7238
PROPERTY DETAILS: Current/Previous Use: Retail and apartment
MLS: 202522262
Multi-tenant building: Yes
Building Age: 102 years
Heating/Cooling: Hot water, radiator (electric, oil)
Lot Size: 0.11 acres
Entire Building sq/ft.: 2,892
Property ID: 309955
Networked: Yes
Restrooms: Yes
TERMS: Sale Price: $429,900
UTILITIES: Power on Site: Yes
Telecom on Site: Yes