Scott Morgan - Sutton
44 Baldwin Street
Brooklin, ON L1M1A2
$1,598,000
( $184.31Per Sq Foot )
$8,578 est/mo Sourced by Back At You271 Water Street,Summerside, PE C1N5Z9
Summerside, PE C1N5Z9
Description
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:374)
Details
| MLS # | 202624846 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 25 |
| Listing Provided By | ROYAL LEPAGE PRINCE EDWARD REALTY | Wen Yan |
Features
| SQ Feet | 8,670 |
|---|---|
| Story(s) | 2 |
| Zoning | Commercial |
| Acreage | 0.20 |
Interior
| Fireplace Yes / No | No |
|---|
Exterior
| Security Features | Smoke Detectors, Sprinkler System-Fire |
|---|---|
| Construction Materials | Concrete Walls |
Parking
| Parking Features | Parking Space(s) |
|---|
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 10895 |
|---|---|
| Tax Year | 2025 |
Area Information
| Province | PE |
|---|---|
| City | Summerside |
| Postal Code | C1N5Z9 |
| Listing VS Median (in C1N5Z9) | |
Price: $1,598,000 low | high Med: $1,598,000 sqft: 8,670 low | high Med: 8,670 $ / sqft: $184 low | high Med: $184 On site: 25 low | high Med: 25 | |
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Learn More About This Property
| Province | PE |
|---|---|
| City | Summerside |
| Postal Code | C1N5Z9 |
| Listing VS Median (in C1N5Z9) | |
Price: $1,598,000 low | high Med: $1,598,000 sqft: 8,670 low | high Med: 8,670 $ / sqft: $184 low | high Med: $184 On site: 25 low | high Med: 25 | |
Listing Updated: October 23, 2026 at 5:37:10 AM PDT
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