Property Type: Building
TERMS: Sale
Zoning Type: Commercial

271 Water Street, Summerside, PE, C1N 5Z9

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