Space
Finished area and layout
- Above Grade
- 8,670 sqft
- Finished Breakdown
- Above 8,670 sqft
+24 more
0.2 ac
Lot
Property Snapshot
Key details for this listing
MLS #202624846
Property
Type, style and structure
- Type
- commercial
- Style
- retail / Retail
- Ownership
- Freehold
- Stories
- 2
About This Property
This retail in Summerside offers a 0.2 ac lot. 2 storeys. The property has lot dimensions of 0.2. The home features concrete and other and wood flooring.
MLS Remarks
This property is located in the very heart of Water Street, the most dynamic and promising commercial corridor in Summerside. Its value lies not only in its unique location but also in the significant ongoing developments nearby. Just steps away, 281 Water Street is being transformed into a premium residential complex with 48 units, which will bring a steady flow of residents and customers to the area. As a result, 271 Water Street offers exceptional commercial potential, whether for retail, dining, or office space. Notably, the property is home to Yumi Sushi and Rudy's Chicken, two of Prince Edward Island's (PEI) most famous restaurant chains. This not only brings tremendous convenience to the daily lives of residents in Summerside and surrounding areas, but also drives strong, consistent foot traffic to the property. Your business will be supported by immediate access to both these existing and newly emerging resources and clientele. In addition, the former Scotiabank building across the street is undergoing renovations, signaling a broader revitalization of Water Street. Altogether, this represents a rare opportunity for a high-value, forward-looking investment. (id:60351)
Full Listing Details
Address271 Water Street
MLS#202624846
Listing StatusActive
Property TypeCommercial
Sub-TypeRetail
TransactionSale
Days on Market24
Common InterestFreehold
Annual Tax$10,895 (2025)
Parking TypeParking Space(s)
StyleRetail
ConstructionConcrete Walls
Building FeaturesLaundry Facility, Air Conditioning
Living Area8,670 sqft
Above Grade Area8,670 sqft
Stories2
CitySummerside
NeighbourhoodSummerside
ProvincePrince Edward Island
Postal CodeC1N5Z9
Lot Size0.2 ac
Lot Dimensions0.2
Zoning DetailsCommercial
Parking FeaturesParking Space(s)
FlooringConcrete, Other, Wood
SecuritySmoke Detectors, Sprinkler System-Fire
CommunityHigh Traffic Area, Public Washrooms
Water SourceMunicipal water
Annual Tax$10,895 (2025)
Business TypeRetail and Wholesale
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