$1,699,000
( $64.04Per Sq Foot )
 $9,121 est/mo Sourced by Back At You

227-239 Water Street,Summerside, PE C1N1G2

Summerside, PE C1N1G2

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Description

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! Recent roof maintenance includes partial repairs and updated shingle replacement. (id:13843)

Details

MLS #202622000
Listing TypeFor Sale
StatusActive
Year1968
Days On Site51
Listing Provided ByROYAL LEPAGE PRINCE EDWARD REALTY | Eva Clow

Features

SQ Feet26,532
ZoningD1
Acreage0.43

Interior

CoolingVentilation system
Fireplace Yes / NoNo

Exterior

Security FeaturesSecurity system, Smoke Detectors, Sprinkler System-Fire, Monitored Alarm
Lot FeaturesPaved driveway
Construction MaterialsWood frame, Steel frame

Parking

Parking FeaturesParking Space(s)

Utilities

Water SourceMunicipal water

Taxes

Tax Annual Amount27187
Tax Year2026

Area Information

ProvincePE
CitySummerside
Postal CodeC1N1G2
Listing VS Median (in C1N1G2)
Price:
$1,699,000
low | high
Med:
$1,699,000
50% of Average
sqft:
26,532
low | high
Med:
26,532
50% of Average
$ / sqft:
$64
low | high
Med:
$64
50% of Average
On site:
51
low | high
Med:
51
100% of Average
Sourced by Back At You

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Learn More About This Property

John Fielding

John Fielding

Sutton Group - Heritage Realty Inc

Sales Representative, , REALTOR® (647) 519-9206jfielding@sutton.com
ProvincePE
CitySummerside
Postal CodeC1N1G2
Listing VS Median (in C1N1G2)
Price:
$1,699,000
low | high
Med:
$1,699,000
50% of Average
sqft:
26,532
low | high
Med:
26,532
50% of Average
$ / sqft:
$64
low | high
Med:
$64
50% of Average
On site:
51
low | high
Med:
51
100% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 9:14:27 PM PDT

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John Fielding
44 Baldwin Street
Brooklin, ON L1M1A2
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The information is being provided by CREA. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 CREA. All Rights Reserved.
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