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243 Heather Moyse Drive, Summerside, PE, C1N 5R1

MLS® # 202418583
Commercial For Sale In Summerside, Prince Edward Island
$3,990,000
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
243 Heather Moyse Drive, Summerside, PE
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MULTIMEDIA

ACTIVE
243 Heather Moyse Drive, Summerside, PE, C1N 5R1
$3,990,000

Property Information:

Seize the opportunity to own approximately 20,000 SqFt of prime commercial property in picturesque Prince Edward Island. This well-maintained building is strategically located and comes with the added advantage of two long-term leases in place, securing income from both private and government tenants. From a development perspective, it doesn't get much better than this. A 20+ Storey Condominium Development would be ideal on this property. Benefit from established, long-term leases with reputable private and government organizations, ensuring reliable cash flow and a very attractive Cap Rate. Situated in a high-traffic area, providing excellent visibility and accessibility for your tenants and future ventures. Designed to accommodate a range of commercial uses, making it a flexible investment opportunity. The property has been meticulously cared for, with modern amenities and infrastructure in place. Whether you're an investor looking for a secure income stream or a business owner seeking a strategic location, this property offers a unique opportunity to capitalize on PEI's thriving commercial market.

Property Features:

  • Building Amenities: Air Conditioning, Air Conditioning
  • Building Features: Wheelchair Accessible
  • Built in: 1992
  • Construction: Wood Frame
  • Documents on File: See Instr. To Members
  • Driveway/Parking: Multi, Parking Spaces(s), Paved, Visitor Parking, Other
  • Fire Protection: Alarm
  • Floor Space (approx): 19987 Square Feet
  • Flooring: Concrete
  • Fuel Type: Electric, Propane
  • Heating/Cooling Type: Baseboard
  • Property Size: 1 to 2.99 Acres
  • Rental Equipment: Propane Tank
  • Roof: Asphalt Shingle, Steel
  • Site Influences: Cleared, Cleared
  • Sub-type: Medical, Office, Other
  • Title to Land: Freehold
  • Utilities: Municipal Water, See Remarks
  • Water Access/View: Access: Harbour, View: Harbour
  • Water Source: Municipal

Courtesy of: CENTURY 21 NORTHUMBERLAND 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

Location of 243 Heather Moyse Drive, Summerside, PE, C1N 5R1

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, 243 Heather Moyse Drive , 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, 243 Heather Moyse Drive , 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.

Demographic Information of 243 Heather Moyse Drive, Summerside, PE, C1N 5R1

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

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