Real Estate in Eastern Prince Edward Island & Beyond

902-969-8611
john-ployer@coldwellbanker.ca

340 Water Street, Summerside, Prince Edward Island, C1N1C3

340 Water Street, Summerside, Prince Edward Island, C1N1C3 (ID 202219656)
Representative
John Ployer portrait
John Ployer

COLDWELL BANKER/PARKER REALTY
Cell: 902-969-8611
Tel: 902-838-2888

$1,500,000 - For sale

ID#:202219656

Don't miss this fantastic development opportunity! 340 Water Street is a historical commercial building built in the 1800?s in the heart of downtown Summerside and adjacent the ocean. This property has one of the most spectacular views in PEI, borders the Confederation Trail and overlooks picturesque Summerside Harbour. The sunsets are unbelievable. You are close to all downtown amenities, walking distance to a local college and all the harbour.. As one of the largest 3 storey buildings remaining for sale on the Summerside downtown waterfront. the building can be used as a mix of commercial and residential. The building has approx 15,000 sq ft over three floors. it was used as a manufacturing and warehousing operation and is extremely sturdy with 10 and 12 ft ceilings and post and beam construction. 3 floors can easily be built to accommodate 10 residential units and retail or a restaurant on the main floor. We believe it could support 350K in rental revenue a year. This building has been gutted to it?s core and is ready for renovations. It includes: 13' Exterior walls, a full dry sprinkler system. 152 feet of wall space along the south side facing the waterfront. Borders on confederation trail. Has 400 Amp and 3 phase wiring. 1800 sq ft studio apartment on main floor with separate entrance. A wonderful building with lots of history. Would make great waterfront apartments. Restaurant etc.etc. Plans available upon request. (id:2471)

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Property Details
  • Property Address:340 Water Street, Summerside, Prince Edward Island, C1N1C3
  • Property Type:Industrial
  • Community Name:Summerside
  • Title:Freehold
  • Lot Size:.249
  • Acreage:0.2490|under 1/2 acre
  • Driveway:Parking Space(s), Paved Yard, Visitor Parking
Structure Details for 340 Water Street, Summerside, Prince Edward Island, C1N1C3
  • Rental Equipment:Other
Amenities for 340 Water Street, Summerside, Prince Edward Island, C1N1C3 High Traffic Area
  • Amenities Nearby:Public Transit, Shopping, Water Nearby
Representative
John Ployer portrait
John Ployer
REALTOR®
COLDWELL BANKER/PARKER REALTY
Cell: 902-969-8611
Tel: 902-838-2888
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340 Water Street, Summerside, Prince Edward Island, C1N1C3

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