227-239 Water Street , Summerside PE C1N 1G2

Sale $2,160,000 |

Listing # 202512411

Listing courtesy of Royal LePage Prince Edward Realty

Listing courtesy of:

ROYAL LEPAGE PRINCE EDWARD REALTY | Phone: 902-338-1210

Office Listing:

Eva Clow, Salesperson/REALTOR®

For more information, please contact:

Robin Gamble

Sales Representative

Phone: 902.969.5201

robingamble@royallepage.ca

www.robinspeirealestate.com

Royal LePage Prince Edward Realty, Brokerage (Independently owned and operated)

Brokerage

1 - 87 John Yeo DR
Charlottetown, PE C1E 3J3

Remarks:

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!

Commercial : Other

Annual Tax Amount:	$26,351.00 (2025)
Lot Size:	0.43
Floor Space (approx):	26532 Square Feet
Built in:	1968

Property Features:

Building Features:	Doors Under 10 Ft , Lighting
Building Amenities:	Air Conditioning , Laundry Facilities , Security System , Ventilation System , Window Display
Building Amenities:	Air Conditioning , Laundry Facilities , Security System , Ventilation System , Window Display
Construction:	Steel Frame , Wood Frame
Documents on File:	Aerial Photos
Driveway/Parking:	Parking Spaces(s) , Paved
Fire Protection:	Alarm , Hydrant , Monitored Alarm System , Smoke Detector , Sprinkler , Other Fire Protection
Flooring:	Other
Fuel Type:	Electric , Oil
Heating/Cooling Type:	Baseboard , Central Air , Furnace , Hot Water
Property Size:	Under 0.5 Acres
Rental Equipment:	None
Roof:	Asphalt Shingle
Site Influences:	Cleared , Public Transportation , Shopping Nearby , High Traffic Location , Public Parking
Site Influences:	Cleared , Public Transportation , Shopping Nearby , High Traffic Location , Public Parking
Sub-type:	Residential Units , Shopping Centre
Title to Land:	Freehold
Utilities:	Cable , Electrical , Municipal Water , Sewer , Telephone , Underground Wiring
Water Source:	Municipal

Robin Gamble

Sales Representative

Phone: 902.969.5201

robingamble@royallepage.ca

www.robinspeirealestate.com

Royal LePage Prince Edward Realty, Brokerage (Independently owned and operated)

Brokerage

1 - 87 John Yeo DR
Charlottetown, PE C1E 3J3

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