271 Water Street, Summerside, Prince Edward Island

$1,598,000

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8,670

Square feet

0.20

Acres

About 271 Water Street

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:36535)

Features of 271 Water Street

Listing # 202624846
Price $1,598,000
Bathrooms 0.00
Square Footage 8,670
Acres 0.20
Type Retail
Sub-Type Freehold

Community Information

Address 271 Water Street
Subdivision Summerside
City Summerside
Province Prince Edward Island
Postal Code C1N5Z9

Amenities

Amenities Shopping, Air Conditioning, Laundry Facility
Parking Parking Space(s)
Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 2
Has Basement No

Exterior

Construction Concrete Walls

Listing Details

OfficeCourtesy Of ROYAL LEPAGE PRINCE EDWARD REALTY

Listing Map