$649,000

Status:

Commercial In Summerside, Prince Edward Island

$649,000

Property Information:

Excellent Investment Opportunity at 613 South Dr! This well maintained income property features four commercial units plus a two bedroom apartment with an attached garage. The property consists of Units A, B, C, D, and E, all currently fully leased, providing a strong and stable rental income stream. Ideally located on busy South Dr, this property offers excellent exposure and convenient access to downtown and the waterfront boardwalk. The surrounding area features strong commercial activity, convenient transportation, and easy access to local amenities. The property has been very well maintained and is easy to manage, making it an ideal addition to any investment portfolio. With 100% occupancy, multiple income producing units, and a desirable location, this property offers an excellent opportunity for investors seeking a solid, income producing commercial property with strong rental potential. All building and room dimensions are approximate and should be verified by the Buyer. Do not miss this outstanding investment opportunity!

Property Features:

  • Annual Tax Amount: $7,654
  • Building Amenities: See Remarks, See Remarks
  • Building Features: Other
  • Built in: 1970
  • Conditional Clause: FIN, HINSP, INS, Other
  • Construction: Wood Frame
  • Documents on File: See Instr. To Members
  • Driveway/Parking: Gravel, Paved, Other
  • Floor Space (approx): 4541 Square Feet
  • Flooring: Other
  • Fuel Type: Electric, Oil
  • Heating/Cooling Type: Forced Air, Heat Pump -Ductless
  • Lot Size: 0.43 Acres
  • Property Size: Under 0.5 Acres
  • Rental Equipment: None
  • Roof: Asphalt Shingle
  • Site Influences: High Traffic Location, Public Parking, High Traffic Location, Public Parking
  • Sub-type: Other, Residential Units
  • Title to Land: Freehold
  • Utilities: Municipal Water
  • 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