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! (id:4069)
Address
227-239 Water Street
List Price
$2,160,000
Property Type
Other
Area
Prince Edward Island
Sub-Area
Summerside
Floor Area
26,532 Sq. Ft.
Lot Size
0.43 Ac.
Year Built
1968
MLS® Number
202512411
Listing Brokerage
ROYAL LEPAGE PRINCE EDWARD REALTY
Postal Code
C1N1G2
Zoning
D1
Site Influences
Public Transit, Shopping
Features
Paved driveway
Amenities
Air Conditioning, Laundry Facility
