$1,598,000 Sale

Listed 11 days ago

271 Water Street

MLS® 202624846 Retail

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Beds · 0

Baths · 0.0

Parking · 0

Sqft · 8670

Est. mortgage

$6,062/mo

Key Facts

Key facts for 271 Water Street

Property Type

Commercial

Parking

Garage: No, 0 parking

MLS #

202624846

Size

8670 sqft

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

Description

This property is located in the very heart of Water Street, the most dynamic and promising commercial corridor in Summerside. Its value lies not only in its unique location but also in the significant ongoing developments nearby. Just steps away, 281 Water Street is being transformed into a premium ...residential complex with 48 units, which will bring a steady flow of residents and customers to the area. As a result, 271 Water Street offers exceptional commercial potential, whether for retail, dining, or office space. Notably, the property is home to Yumi Sushi and Rudy's Chicken, two of Prince Edward Island's (PEI) most famous restaurant chains. This not only brings tremendous convenience to the daily lives of residents in Summerside and surrounding areas, but also drives strong, consistent foot traffic to the property. Your business will be supported by immediate access to both these existing and newly emerging resources and clientele. In addition, the former Scotiabank building across the street is undergoing renovations, signaling a broader revitalization of Water Street. Altogether, this represents a rare opportunity for a high-value, forward-looking investment. (id:10452)

Full Property Details

Interior

Washrooms

0.0

Square Footage

8670 sqft

Full Bathrooms

Half Bathrooms

Flooring Type

Concrete, Wood, Other

Washrooms

0.0

Square Footage

8670 sqft

Full Bathrooms

Half Bathrooms

Flooring Type

Concrete, Wood, Other

Exterior

Acreage

0.2 ac|under 1/2 acre

Parking Spaces

Garage Spaces Y/N

Zoning Description

Commercial

Land Amenities

Shopping

Acreage

0.2 ac|under 1/2 acre

Parking Spaces

Garage Spaces Y/N

Zoning Description

Commercial

Land Amenities

Shopping

Building Description

Home Type

Commercial

Subtype

Retail

Water Supply

Municipal water

Fire Protection

Smoke Detectors, Sprinkler System-Fire

Home Type

Commercial

Subtype

Retail

Water Supply

Municipal water

Fire Protection

Smoke Detectors, Sprinkler System-Fire

Community

Summerside

Area Code

Summerside

Features

High Traffic Area, Public Washrooms

Community

Summerside

Area Code

Summerside

Features

High Traffic Area, Public Washrooms

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Tracy Wedge

Email: [email protected] Cell: 902-856-1556