Property Type: | Building |
TERMS: | Sale |
Zoning Type: | Commercial |
This property is located in the heart of Water Street, the most dynamic and promising commercial corridor in Summerside. Its value lies not only in its unique location but also in the significant ongoing developments nearby. Just steps away, 281 Water Street is being transformed into a premium residential complex with 40 units, which will bring a steady flow of residents and customers to the area. As a result, 271 Water Street offers exceptional commercial potential, whether for retail, dining, or office space. Your business will be supported by immediate access to new resources and clientele. In addition, the former Scotiabank building across the street is undergoing renovations, signaling a broader revitalization of Water Street. Altogether, this represents a rare opportunity for a high-value, forward-looking investment.
Contact Person: | Kevin Yan |
Company: | Royal LePage Prince Edward Realty |
WEB: | https://www.royallepage.ca/en/agent/prince-edward-island/charlottetown/kevin-yan/86984/ |
EMAIL: | kevinyan@royallepage.ca |
TEL: | 902-316-1669 |
PROPERTY DETAILS: |
Current/Previous Use: Restaurants, retail MLS: 202524927 Multi-tenant building: Yes Number of Floors: 2 Lot Size: 0.20 acres Entire Building sq/ft.: 8,670 Parking: Nearby municipal lots, street parking Property ID: 309807 Sprinklered: Yes Networked: Yes Restrooms: Yes |
TERMS: |
Sale Price: $1,958,000 Taxes: $10,895 |
UTILITIES: |
Power on Site: Yes Telecom on Site: Yes |