48 Water Street, Summerside

48 Water Street, Summerside, PE C1N4T8 Photo 1

34 Photos

48 Water Street, Summerside, PE C1N4T8 Photo 2
48 Water Street, Summerside, PE C1N4T8 Photo 3
48 Water Street, Summerside, PE C1N4T8 Photo 4
48 Water Street, Summerside, PE C1N4T8 Photo 5
48 Water Street, Summerside, PE C1N4T8 Photo 6
48 Water Street, Summerside, PE C1N4T8 Photo 7
  • Living area: 3996 sqft
  • MLS®: 202401804
  • Type: Commercial
  • Added: 99 days ago

Property Details

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. (id:1945)

Property Information

  • Tax Year: 2023
  • Flooring: Other
  • Year Built: 1976
  • Living Area: 3996
  • Photos Count: 34
  • Water Source: Municipal water
  • Business Type: Restaurant
  • Parcel Number: 504340
  • Common Interest: Freehold
  • Parking Features: Paved Yard, Other, Visitor Parking
  • Building Features: Air Conditioning
  • Security Features: Security system
  • Community Features: High Traffic Area
  • Lot Size Dimensions: 2.28 Acres
  • Zoning Description: C2
  • Waterfront Features: Waterfront
  • Construction Materials: Wood frame
  • Above Grade Finished Area: 3996
  • Above Grade Finished Area Units: square feet
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Nearby Places

Name Type Address Distance
Global Montessori Schools School 20 Water 0.3 km
Tim Hortons and Cold Stone Creamery Cafe 91 Water St 0.4 km
Water Street Bakery and Deli Bakery 605 Water 0.5 km
Brothers Two Restaurant Meal takeaway 618 Water St E 0.6 km
Quality Inn & Suites Garden of the Gulf Lodging 618 Water St E 0.6 km
Eptek Art & Culture Centre Store 130 Harbour Dr 0.7 km
Loyalist Lakeview Resort Lodging 195 Harbour Drive 0.9 km
Tim Hortons Cafe 91 Water Summerside 0.9 km
Three Oaks Senior High School School Kenmoore Ave 1.0 km
Three Oaks Senior High School The school is administratively part of the English... 1.0 km
China Star Restaurant Restaurant 265 Water 1.1 km
Summerside, Prince Edward Island It is the second largest city in the province and ... 1.1 km
Similar Commercial listings Stat in Summerside
We have found 4 Commercial that closely match the specifications of the property located at 48 Water Street with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 549,900 and 950,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Commercial in the C1N4T8 postal code area of Summerside Prince Edward Island Canada.

Demographic Information

Neighbourhood Education

Master's degree 40
Bachelor's degree 30
University / Above bachelor level 10
Certificate of Qualification 10
College 95
Degree in medicine 10
University degree at bachelor level or above 80

Neighbourhood Marital Status Stat

Married 390
Widowed 60
Divorced 40
Separated 30
Never married 145
Living common law 70
Married or living common law 465
Not married and not living common law 270

Neighbourhood Construction Date

1961 to 1980 150
1981 to 1990 50
1991 to 2000 45
2001 to 2005 35
2006 to 2010 15
1960 or before 30
Comparison of 48 Water Street, Summerside, PE with Nearby Commercial listings
Nearby Cities Listings Avg. price
Dieppe 133 $682.530
Charlottetown 180 $525.648
Stratford 76 $539.367
Moncton 319 $528.324
Shediac 88 $564.508
Riverview 61 $552.750
Miramichi 91 $243.751
Brighton 104 $846.634
Popular Cities Listings Avg. price
St John S 354 $567.272
Ottawa 2139 $874.232
Kawartha Lakes 507 $928.670
Oshawa 440 $991.986
Whitby 331 $1.194.506
Fort Erie 357 $922.065
Other 1394 $992.163
Markham 545 $1.395.571
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