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48 Water Street, Summerside, PE, C1N 4T8

MLS® # 202425966
Commercial In Summerside, Prince Edward Island
$849,000

None Beds

48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
48 Water Street, Summerside, PE
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MULTIMEDIA

48 Water Street, Summerside, PE, C1N 4T8
$849,000

Property Information:

Welcome to a remarkable commercial property at the beginning of the entrance to downtown Summerside, offering an unparalleled opportunity for entrepreneurs and investors. Located in a bustling commercial zone with stunning waterfront views, this property boasts a range of enticing features that make it a dream investment opportunity. Key features are direct access to the 190 ft of waterfront this property offers a unique advantage. The scenic views and the potential for waterfront activities make it a valuable asset. High Traffic: Being in a commercial hub, this property enjoys a constant flow of traffic, ensuring a steady stream of potential customers for any business venture. Turnkey Restaurant and Bakery Equipment: A significant advantage of this property is that it comes fully equipped with a complete set of restaurant and bakery equipment. This turnkey setup is ideal for entrepreneurs looking to establish or expand their culinary ventures. Spacious Dining Area: The property features a large open dining area, providing ample space for patrons. Ample parking for 40 plus vehicles. Warehouse Space: Beyond the parking area, there is a sizable warehouse, offering additional storage or expansion opportunities for various businesses. This property is a strategic investment that combines location, infrastructure, and potential for future growth. Whether you have a vision for a restaurant, bakery, or any other business, this commercial gem in downtown Summerside is ready to accommodate your dreams. Don't miss the chance to make your mark in this thriving community while enjoying the benefits of a stunning waterfront location.

Property Features:

  • Annual Tax Amount: $11,774
  • Building Amenities: Air Conditioning, Recreational Area, Security System, See Remarks, Air Conditioning, Recreational Area, Security System, See Remarks
  • Building Features: Outside Storage, Wheelchair Accessible
  • Built in: 1975
  • Conditional Clause: FIN, INS, Zoning
  • Construction: Wood Frame
  • Driveway/Parking: Multi, Paved, Visitor Parking, Other
  • Fire Protection: Alarm
  • Floor Space (approx): 3996 Square Feet
  • Flooring: See Remarks
  • Fuel Type: Electric, Oil, Propane
  • Heating/Cooling Type: Forced Air, Furnace, Heat Pump -Ductless, Hot Water
  • Lot Size: 2.28 Acres
  • Property Size: 1 to 2.99 Acres
  • Rental Equipment: Propane Tank
  • Roof: Asphalt Shingle
  • Site Influences: Cleared, Waterfront, High Traffic Location, Cleared, Waterfront, High Traffic Location
  • Sub-type: Restaurant
  • Title to Land: Freehold
  • Utilities: Municipal Water
  • Water Frontage: Harbour
  • Water Source: Municipal

Courtesy of: CENTURY 21 NORTHUMBERLAND REALTY

Data provided by: Nova Scotia Association of REALTORS® 68 Highfield Park Drive, Suite 112, Dartmouth, Nova Scotia B3A 0E4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 48 Water Street, Summerside, PE, C1N 4T8

Demographic Information of 48 Water Street, Summerside, PE, C1N 4T8

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$94,027.10

Average Number of Children

1.56

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.98 %

High school certificate or equivalent

40.29 %

Apprenticeship trade certificate/diploma

3.7 %

College/non-university certificate

26.1 %

University certificate (below bachelor)

0.58 %

University Degree

17.35 %

Commuter

Travel To Work

By Car

85.13 %

By Public Transit

0.0 %

By Walking

10.45 %

By Bicycle

0.0 %

By Other Methods

4.42 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

35.3 %

Houses

64.7 %

Own Vs. Rent

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