227-239 Water Street

$1,699,000

227-239 Water Street

Summerside, PE

Type
Other
Status
Active
Living area
26,532 sqft
Year built
1968
MLS®
202622000

About this property

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! Recent roof maintenance includes partial repairs and updated shingle replacement. (id:66946)

Features

high traffic areapaved drivewayparking space(s)retail and wholesaleresidential

Listing courtesy of ROYAL LEPAGE PRINCE EDWARD REALTY. Data provided by the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed.