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227-239 Water Street
Summerside PE , C1N 1G2 , Canada
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Eva Clow
Agent
Salesperson/REALTOR®
Cell: 902.338.1210
Email Me

Royal LePage Prince Edward Realty
Brokerage:
1 - 87 John Yeo DR
Charlottetown, PE
C1E 3J3
Phone: 902.628.6500
Company Website
/jumplisting/rlp/images/logo/rlp_logo_sm.gif

$2,160,000.00
MLS® 202512411
Commercial : Other
Annual Tax Amount: $26,351.00 (2025)
Lot Size: 0.43
Floor Space (approx): 26532 Square Feet
Built in: 1968
Remarks:
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!

Property Features:
  • Building Features: Doors Under 10 Ft , Lighting
  • Building Amenities: Air Conditioning , Laundry Facilities , Security System , Ventilation System , Window Display
  • Building Amenities: Air Conditioning , Laundry Facilities , Security System , Ventilation System , Window Display
  • Construction: Steel Frame , Wood Frame
  • Documents on File: Aerial Photos
  • Driveway/Parking: Parking Spaces(s) , Paved
  • Fire Protection: Alarm , Hydrant , Monitored Alarm System , Smoke Detector , Sprinkler , Other Fire Protection
  • Flooring: Other
  • Fuel Type: Electric , Oil
  • Heating/Cooling Type: Baseboard , Central Air , Furnace , Hot Water
  • Property Size: Under 0.5 Acres
  • Rental Equipment: None
  • Roof: Asphalt Shingle
  • Site Influences: Cleared , Public Transportation , Shopping Nearby , High Traffic Location , Public Parking
  • Site Influences: Cleared , Public Transportation , Shopping Nearby , High Traffic Location , Public Parking
  • Sub-type: Residential Units , Shopping Centre
  • Title to Land: Freehold
  • Utilities: Cable , Electrical , Municipal Water , Sewer , Telephone , Underground Wiring
  • Water Source: Municipal

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

All offices are independently owned and operated, except those offices identified as "Royal LePage Real Estate Services Ltd."

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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