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274 Water Street, Summerside, PE, C1N 1B8

MLS® # 202416077
Conditionally Sold
Commercial In Summerside, Prince Edward Island
$599,000
274 Water Street, Summerside, PE
274 Water Street, Summerside, PE
274 Water Street, Summerside, PE
274 Water Street, Summerside, PE
274 Water Street, Summerside, PE
274 Water Street, Summerside, PE
274 Water Street, Summerside, PE
274 Water Street, Summerside, PE
274 Water Street, Summerside, PE
274 Water Street, Summerside, PE
274 Water Street, Summerside, PE
274 Water Street, Summerside, PE
274 Water Street, Summerside, PE
274 Water Street, Summerside, PE
274 Water Street, Summerside, PE
274 Water Street, Summerside, PE
274 Water Street, Summerside, PE
274 Water Street, Summerside, PE
274 Water Street, Summerside, PE
274 Water Street, Summerside, PE
274 Water Street, Summerside, PE
274 Water Street, Summerside, PE
274 Water Street, Summerside, PE
274 Water Street, Summerside, PE
274 Water Street, Summerside, PE
274 Water Street, Summerside, PE
274 Water Street, Summerside, PE
274 Water Street, Summerside, PE
274 Water Street, Summerside, PE
274 Water Street, Summerside, PE
274 Water Street, Summerside, PE
274 Water Street, Summerside, PE
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MULTIMEDIA

SOLD_COND
274 Water Street, Summerside, PE, C1N 1B8

Status:

$599,000

Property Information:

Step into history with this remarkable historic building located in the main core of Summerside. Formerly known as the Bank of Nova Scotia now ScotiaBank, this iconic property offers over 6000 square feet of beautifully finished space, making it the perfect venue for a variety of purposes. With its prime location, this building presents endless opportunities for the imaginative new owner. Whether you envision a trendy restaurant, a boutique hotel, a thriving art gallery, or any other type of venue, this property is sure to exceed your expectations. Embrace the charm and character of this historic gem as you transform it into your own masterpiece. The possibilities are truly limitless. Don't miss out on this extraordinary opportunity to own a piece of Summerside's history and create a space that will leave a lasting impression. Act now and seize the chance to shape the future of this wonderful location.

Property Features:

  • Building Amenities: Air Conditioning, Public Washrooms, Security System, Air Conditioning, Public Washrooms, Security System
  • Building Features: Other
  • Built in: Y
  • Conditional Clause: Other
  • Construction: Concrete
  • Documents on File: Aerial Photos, Floor Plan, Other Documents
  • Driveway/Parking: None
  • Fire Protection: Smoke Detector, Other Fire Protection
  • Floor Space (approx): 7235 Square Feet
  • Flooring: Concrete
  • Fuel Type: Electric, Oil
  • Heating/Cooling Type: Baseboard, Furnace, Hot Water
  • Lot Size: 0.15
  • Property Size: Under 0.5 Acres
  • Rental Equipment: None
  • Roof: Other
  • Site Influences: Cleared, Cleared
  • Sub-type: Educational, Medical, Office, Other, Restaurant
  • Title to Land: Freehold
  • Utilities: Electrical
  • 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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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 274 Water Street, Summerside, PE, C1N 1B8

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

42/100

Moderate

ClimateCheck®

Current data

This property, 274 Water Street , experiences 7 hot days per year at around 27.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 30.7 degrees Celsius.

Projected Avg. Temperature

Past
27.6℃
2050
30.7℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

67/100

Moderate-High

ClimateCheck®

Current data

This property, 274 Water Street , experiences 11 significant 2-day storms per year, with about 344.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 441.9mm of precipitation per year.

Precipitation Per Storm

Past
344.5mm
2050
441.9mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 274 Water Street, Summerside, PE, C1N 1B8

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$81,502.95

Average Number of Children

1.52

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.78 %

High school certificate or equivalent

35.5 %

Apprenticeship trade certificate/diploma

5.37 %

College/non-university certificate

26.64 %

University certificate (below bachelor)

1.88 %

University Degree

11.85 %

Commuter

Travel To Work

By Car

84.84 %

By Public Transit

0.0 %

By Walking

13.7 %

By Bicycle

0.0 %

By Other Methods

1.46 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

41.86 %

Houses

58.14 %

Own Vs. Rent

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