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 1st Street. A solid foundation ensures lasting value in this high-demand asset. This property is a smart and secure investment, priced to sell quickly! Property will be sold as is, where is. (id:4069)
Address
227-239 Water Street
List Price
$1,899,000
Property Type
Other
Transaction Type
Sale
Area
Prince Edward Island
Sub-Area
Summerside
Floor Area
26,532 Sq. Ft.
Lot Size
0.43 Sq. Ft.
Year Built
1968
MLS® Number
202609338
Listing Brokerage
ROYAL LEPAGE PRINCE EDWARD REALTY
Postal Code
C1N1G2
Zoning
D1
Ownership
Freehold
Site Influences
Public Transit, Shopping
Features
Paved driveway
Community Features
High Traffic Area
Amenities
Air Conditioning, Laundry Facility
Cooling Features
Ventilation system
Water Source
Municipal water
