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210-216 Water Street, Summerside, PE, C1N 1B3

MLS® # 202409514
Commercial For Sale In Summerside, Prince Edward Island
$1,050,000
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
210-216 Water Street, Summerside, PE
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MULTIMEDIA

ACTIVE
210-216 Water Street, Summerside, PE, C1N 1B3
$1,050,000

Property Information:

Introducing 210-216 Water Street, an exceptional & premier investment opportunity nestled in the heart of downtown Summerside. This meticulously maintained property boasts a range of residential and commercial units, providing a diverse and lucrative income stream for investors and entrepreneurs alike. With 8 residential units on the top floor, including a mix of 2-bedroom, 1-bedroom, and bachelor units, the property caters to a broad rental market, ensuring steady occupancy and income. Meanwhile, the main floor features 8 commercial units, offering endless possibilities for businesses to thrive in a high-visibility, high-foot-traffic location. Recent upgrades, including a newer roof and furnaces, ensure the building's long-term viability and peace of mind for its owner. Plus, with its prime location just minutes away from essential amenities, dining options, the boardwalk, and the picturesque ocean, residents and tenants alike will enjoy unparalleled convenience and leisure opportunities. Detailed financial information is available upon signing a Non-Disclosure Agreement (NDA). Don't let this prime opportunity slip away – seize the chance to own a premier investment property in downtown Summerside today.

Property Features:

  • Building Amenities: Laundry Facilities, Laundry Facilities
  • Building Features: Wheelchair Accessible
  • Built in: 1989
  • Driveway/Parking: Parking Spaces(s)
  • Fire Protection: Alarm, Hydrant, Monitored Alarm System, Smoke Detector
  • Floor Space (approx): 15600 Square Feet
  • Flooring: Concrete, Wood
  • Fuel Type: Oil
  • Heating/Cooling Type: Baseboard, Furnace, Radiator
  • Lot Size: 0.19 acres
  • Property Size: Under 0.5 Acres
  • Rental Equipment: None
  • Roof: Asphalt Shingle
  • Site Influences: Public Transportation, Shopping Nearby, Visual Exposure, High Traffic Location, Public Transportation, Shopping Nearby, Visual Exposure, High Traffic Location
  • Sub-type: Office, Other, Residential Units
  • Title to Land: Freehold
  • Utilities: Municipal Water
  • Water Source: Municipal

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

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 210-216 Water Street, Summerside, PE, C1N 1B3

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

42/100

Moderate

ClimateCheck®

Current data

This property, 210-216 Water Street , experiences 7 hot days per year at around 27.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 30.7 degrees Celsius.

Projected Avg. Temperature

Past
27.6℃
2050
30.7℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

67/100

Moderate-High

ClimateCheck®

Current data

This property, 210-216 Water Street , experiences 11 significant 2-day storms per year, with about 344.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 441.9mm of precipitation per year.

Precipitation Per Storm

Past
344.5mm
2050
441.9mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 210-216 Water Street, Summerside, PE, C1N 1B3

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$81,502.95

Average Number of Children

1.52

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.78 %

High school certificate or equivalent

35.5 %

Apprenticeship trade certificate/diploma

5.37 %

College/non-university certificate

26.64 %

University certificate (below bachelor)

1.88 %

University Degree

11.85 %

Commuter

Travel To Work

By Car

84.84 %

By Public Transit

0.0 %

By Walking

13.7 %

By Bicycle

0.0 %

By Other Methods

1.46 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

41.86 %

Houses

58.14 %

Own Vs. Rent

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