37 Central Street, Summerside

  • Living area: 4500 square feet
  • Type: Commercial
  • Added: 6 days ago
  • Updated: 5 days ago
  • Last Checked: 1 day ago
  • Listed by: CENTURY 21 NORTHUMBERLAND REALTY

Listing description
This Commercial listing at 37 Central Street Summerside, PE with the MLS Number 202529640 listed by Manpreet Singh - CENTURY 21 NORTHUMBERLAND REALTY on the Summerside market 6 days ago at $699,000.

Versatile downtown investment opportunity located on a prominent corner lot at 37 Central Street in the heart of Summerside. This well-maintained mixed-use building offers multiple income streams and flexibility for both investors and owner-operators. The main floor is currently approved and occupied as a convenience store and an electronic repair shop, featuring excellent street exposure, a powder room, and a small office/kitchenette area. The commercial space can be delivered vacant or the current owners are open to entering into an agreeable lease, subject to terms acceptable to both parties?providing options for immediate occupancy or continued rental income. The upper floor is city-approved for room rentals and consists of four individual tenant rooms with shared kitchen and bathroom facilities. This level has its own private side entrance, allowing for separation between residential and commercial uses. The basement includes multiple storage rooms and an office-style area. While there are no exterior windows, the space is functional for storage and support uses related to the building?s operations. The property is fully electric with Heat for less heating system by City of Summerside, reducing mechanical complexity. Buyers will assume the existing heating lease. The building has undergone extensive upgrades in recent years, including fire-rated drywall on the main floor and basement, new main-floor flooring, upgraded electrical service with a 400-amp panel and an additional 100-amp panel servicing the lower level, and 90-minute fire-rated doors installed throughout the building at key entry and exit points. With approved commercial uses, residential room rentals, basement storage potential, and a prime downtown location close to shopping, services, and the waterfront, this property offers a wide range of possibilities?whether as a convenience or specialty retail space, electronic service business, office use, or a multi-income investment (id:1945)
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Property Details Key information about 37 Central Street
  • Stories: 2
  • Year Built: 1973
  • Construction Materials:
    • Wood frame
    • Masonry
Interior Features Discover the interior design and amenities
  • Flooring: Other
  • Living Area: 4500
  • Above Grade Finished Area: 4500
  • Above Grade Finished Area Units: square feet
Exterior & Lot Features Learn about the exterior and lot specifics of 37 Central Street
  • Water Source: Municipal water
  • Parking Features: Gravel
  • Building Features:
    • Living Accommodation
    • Recreation Centre
    • Air Conditioning
  • Lot Size Dimensions: 0.094
Location & Community Understand the neighborhood and community
  • Directions: 37 Central Street is located in downtown Summerside, just off Fitzroy Street, between Summer Street and St. Stephen Street. It is directly across from Michael's Pizzeria and a short walk from Summerside City Hall.
  • Common Interest: Freehold
Business & Leasing Information Check business and leasing options available at 37 Central Street
  • Business Type: Other
Tax & Legal Information Get tax and legal details applicable to 37 Central Street
  • Tax Year: 2025
  • Parcel Number: 310086
  • Tax Annual Amount: 6133
  • Zoning Description: Downtown 4
Additional Features Explore extra features and benefits
  • List A O R: PEIA
  • List A O R Key: 81

Nearby Listings Stat Estimated price and comparable properties near 37 Central Street

Active listings
95
Min Price
$39,000
Max Price
$2,750,000
Avg Price
$505,783
Days on Market
131 days
Sold listings
13
Min Sold Price
$239,000
Max Sold Price
$1,050,000
Avg Sold Price
$497,423
Days until Sold
153 days

Nearby Places Nearby schools and amenities around 37 Central Street

Summerside Intermediate School (0.8 km)
247 Central St, Summerside

Three Oaks Senior High School (1.4 km)
Kenmoore Ave, Summerside

Global Montessori Schools (1.4 km)
20 Water, Summerside

Beamers A 1 Pizza (0.1 km)
296 Water, Summerside

China Star Restaurant (0.2 km)
265 Water, Summerside

The Lobster House Restaurant & Oyster Bar (0.3 km)
370 Water St, Summerside

Fiveeleven West (0.8 km)
511 Notre Dame St, Summerside

Skip's Fish n Chips (1.1 km)
561 Notre Dame St, Summerside

Pizza Delight (2.2 km)
454 Granville, Summerside

McDonald's (2.4 km)
481 Granville St, Summerside

Tim Hortons (0.3 km)
91 Water Summerside, Summerside

Tim Hortons and Cold Stone Creamery (0.8 km)
91 Water St, Summerside

Loyalist Lakeview Resort (0.5 km)
195 Harbour Drive, Summerside

Quality Inn & Suites Garden of the Gulf (1.8 km)
618 Water St E, Summerside

Eptek Art & Culture Centre (0.6 km)
130 Harbour Dr, Summerside

Sunny's Dairy Bar (0.9 km)
559 Water St, Summerside

Credit Union Place (0.9 km)
511 Notre Dame St, Summerside

Water Street Bakery and Deli (1.6 km)
605 Water, Summerside

Brothers Two Restaurant (1.7 km)
618 Water St E, Summerside

Sobeys (2.3 km)
475 Granville St, Summerside

Price History

December 22, 2025
by CENTURY 21 NORTHUMBERLAND REALTY
$699,000
37 Central Street
More Details?
Manpreet Singh
  • Manpreet Singh
  • CENTURY 21 NORTHUMBERLAND REALTY
  • 416-988-7132
  • Website

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