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$ 799,000
Est. payment /mo
Price Dropped by $50K
316 Water Street Summerside, C1A0A6
6,378 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 6,378 sqft
Price per Sqft $125
Subdivision Summerside
MLS® Listing ID 202420995
Year Built 1924
Property Sub-Type Freehold
Source Prince Edward Island Real Estate Association
Property Description
Prime Commercial Unit in Historic Downtown Summerside This is a rare opportunity to own a prime commercial condo unit in one of Summerside's most sought-after locations. Situated in a historic building on a bustling corner in downtown Summerside, this property boasts approximately 5600 square feet of versatile space with endless possibilities for your business. The unit offers a unique blend of old-world charm and modern convenience, with large windows that flood the space with natural light and offer stunning ocean views. Whether you're looking to expand your retail footprint, open a new office, or create a mixed-use space, this property is the perfect canvas for your vision. A significant advantage of this property is the presence of a long-term tenant who wishes to remain, providing immediate rental income to help offset your expenses. This existing tenant ensures a steady cash flow while you develop the vacant portion of the unit to suit your needs. The condo unit includes six assigned parking spaces, ensuring easy access for both you and your clients. A full-access loading dock at the back of the building makes operations smooth and convenient, while an additional 778 square feet of basement storage provides ample room for inventory, supplies or potential expansion. Located next to a busy coffee shop and with modern residential condos above, this property is at the heart of a vibrant community. The Summerside boardwalk is just steps away, attracting foot traffic and increasing your business's visibility. Don't miss out on this exceptional opportunity to secure a prime commercial space in the thriving and historic part of Summerside. Contact us today to learn more or to schedule a viewing. (id:24570)
Rooms
Kitchen 0.0
Interior
Flooring Other
Exterior
Parking Features No
View Y/N Yes
View Ocean view
Private Pool No
Others
Ownership Freehold
Virtual Tour https://www.youtube.com/watch?v=HXjRkPBZ2yA
Listed by RE/MAX HARBOURSIDE REALTY
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Nathan French
Personal Real Estate Corporation | License ID: 188967
#1100 - 1631 Dickson Avenue Kelowna, British Columbia V1Y0B5