Excellent Investment Opportunity at 613 South Dr! This well maintained income property features four commercial units plus a two bedroom apartment with an attached garage. The property consists of Units A, B, C, D, and E, all currently fully leased, providing a strong and stable rental income stream. Ideally located on busy South Dr, this property offers excellent exposure and convenient access to downtown and the waterfront boardwalk. The surrounding area features strong commercial activity, convenient transportation, and easy access to local amenities. The property has been very well maintained and is easy to manage, making it an ideal addition to any investment portfolio. With 100% occupancy, multiple income producing units, and a desirable location, this property offers an excellent opportunity for investors seeking a solid, income producing commercial property with strong rental potential. All building and room dimensions are approximate and should be verified by the Buyer. Do not miss this outstanding investment opportunity! (id:374)
| MLS # | 202623323 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1970 |
| Days On Site | 39 |
| Listing Provided By | CENTURY 21 NORTHUMBERLAND REALTY | Zheng Fan |
| SQ Feet | 4,541 |
|---|---|
| Zoning | Commercial |
| Acreage | 0.43 |
| Fireplace Yes / No | No |
|---|
| Lot Features | Paved driveway |
|---|---|
| Construction Materials | Wood frame |
| Parking Features | Other, Gravel |
|---|
| Water Source | Municipal water |
|---|
| Tax Annual Amount | 7654 |
|---|---|
| Tax Year | 2026 |
| Province | PE |
|---|---|
| City | Summerside |
| Postal Code | C1N3Z6 |
| Listing VS Median (in C1N3Z6) | |
Price: $649,000 low | high Med: $649,000 sqft: 4,541 low | high Med: 4,541 $ / sqft: $143 low | high Med: $143 On site: 39 low | high Med: 39 | |
| Province | PE |
|---|---|
| City | Summerside |
| Postal Code | C1N3Z6 |
| Listing VS Median (in C1N3Z6) | |
Price: $649,000 low | high Med: $649,000 sqft: 4,541 low | high Med: 4,541 $ / sqft: $143 low | high Med: $143 On site: 39 low | high Med: 39 | |