Introducing 210-216 Water Street, an exceptional & premier investment opportunity nestled in the heart of downtown Summerside. This meticulously maintained property boasts a range of residential and commercial units, providing a diverse and lucrative income stream for investors and entrepreneurs alike. With 8 residential units on the top floor, including a mix of 2-bedroom, 1-bedroom, and bachelor units, the property caters to a broad rental market, ensuring steady occupancy and income. Meanwhile, the main floor features 8 commercial units, offering endless possibilities for businesses to thrive in a high-visibility, high-foot-traffic location. Recent upgrades, including a newer roof and furnaces, ensure the building's long-term viability and peace of mind for its owner. Plus, with its prime location just minutes away from essential amenities, dining options, the boardwalk, and the picturesque ocean, residents and tenants alike will enjoy unparalleled convenience and leisure opportunities. Detailed financial information is available upon signing a Non-Disclosure Agreement (NDA). Don't let this prime opportunity slip away ? seize the chance to own a premier investment property in downtown Summerside today. (id:47421)
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Detailed Information
Amenities Nearby
Public Transit, Shopping
Community Features
High Traffic Area
Listing Contract Date
2024-05-07
Municipal ID
309609-000
Ownership Type
Freehold
Property Type
Other
Transaction Type
For sale
Zoning Description
C1
Business
Business Type
Other, Other, Residential
Business Subtype
Other, Offices, Residential
Building
Amenities
Laundry Facility
Constructed Date
1989
Fire Protection
Monitored Alarm, Smoke Detectors
Flooring Type
Concrete, Wood
Stories Total
2
Total Finished Area
15600 sqft
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Parking Space(s)
Land
Total Size
0.19 acres
Amenities
Public Transit, Shopping
Size of Irregular Land
0.19
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