$899,900

Commercial For Sale In Summerside, Prince Edward Island

$899,900

Property Information:

Experience true Island hospitality and elegance at The Boardwalk Inn, a charming historical landmark nestled in downtown Summerside, Prince Edward Island. Originally constructed in 1916 by Island business icon M.F. Schurman, this well-built 3.5 level residence boasts a rich legacy of sophistication. With a distinguished 4.5star rating from Canada Select & a stellar reputation in Summerside's B&B scene, The Boardwalk Inn sits on Summer Street, just steps away from the waterfront & the renowned Baywalk Boardwalk & Cycling Trail, offering guests the perfect central base for exploring PEI. Pride of ownership shines through every aspect of Inn, from its impeccable cleanliness to its tasteful decoration & furnishings. Renovated extensively in recent years, the inn offers five guest rooms, plus a owner's suite, each featuring new ensuite bathrooms on the 2nd & 3rd levels accessed via an elegant wooden staircase. Guests can enjoy Breakfast which is prepared in a chef's dream kitchen served in the classic and spacious dining room which opens onto a terrace and beautifully landscaped private outdoor spaces, ideal for entertaining. An elegant lounge with an impressive fireplace & a welcoming porch complete the picture of relaxation & comfort. The lower level features a gym, pool table room, laundry facilities, cold storage, & ample storage, ensuring a seamless operation for running a successful B&B business. Ample parking for 7 vehicles, including secure garage space for bikes & storage. The property includes a double-car wired garage with room for expansion, with blueprints available for adding 4 rental units, presenting an enticing opportunity for growth. The Inn is also a successful Events & Wedding Venue & strong bookings already secured for 2025 & additional opportunities for winter room rentals. The Boardwalk Inn is a fully operating business waiting for its next owner. Furniture, furnishings and housewares available by neg. Visit www.theboardwalkinnsummerside.com

Property Features:

  • Annual Tax Amount: $8,323
  • Building Features: Other
  • Built in: 1917
  • Construction: Stone, Other
  • Driveway/Parking: Double, Parking Spaces(s), Paved
  • Fire Protection: Alarm, Hydrant, Monitored Alarm System, Smoke Detector, Sprinkler
  • Floor Space (approx): 4500 Square Feet
  • Flooring: Other
  • Fuel Type: Oil
  • Heating/Cooling Type: Fireplace, In Floor, Radiant
  • Property Size: Under 0.5 Acres
  • Rental Equipment: None
  • Roof: Asphalt Shingle
  • Sub-type: Recreational
  • Title to Land: Freehold
  • Utilities: Municipal Water
  • Water Source: Municipal

Courtesy of: RE/MAX CHARLOTTETOWN REALTY

Data provided by: Nova Scotia Association of REALTORS® 68 Highfield Park Drive, Suite 112, Dartmouth, Nova Scotia B3A 0E4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved