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290-292 Water Street, Summerside, PE, C1N 1B8

MLS® # 202215588
Commercial For Sale In Summerside, Prince Edward Island
$1,900,000
290-292 Water Street, Summerside, PE
290-292 Water Street, Summerside, PE
290-292 Water Street, Summerside, PE
290-292 Water Street, Summerside, PE
290-292 Water Street, Summerside, PE
290-292 Water Street, Summerside, PE
290-292 Water Street, Summerside, PE
290-292 Water Street, Summerside, PE
290-292 Water Street, Summerside, PE
290-292 Water Street, Summerside, PE
290-292 Water Street, Summerside, PE
290-292 Water Street, Summerside, PE
290-292 Water Street, Summerside, PE
290-292 Water Street, Summerside, PE
290-292 Water Street, Summerside, PE
290-292 Water Street, Summerside, PE
290-292 Water Street, Summerside, PE
290-292 Water Street, Summerside, PE
290-292 Water Street, Summerside, PE
290-292 Water Street, Summerside, PE
290-292 Water Street, Summerside, PE
290-292 Water Street, Summerside, PE
  • Advertising
290-292 Water Street, Summerside, PE, C1N 1B8
$1,900,000

Property Information:

Exceptional downtown commercial office buildings with long term tenants. Strong consistent income but still opportunity for growth. 290 Water St was built in 1986 and was known as the National Bank building. It has four floors of finished office space with an elevator. Connected to it is 292 Water St. It was built in 1926 by the Dominion Fox Company of Canada. It is currently known as the Hickey and Hyndman Insurance Building. It has three floors of office space with a full basement used for storage.

Property Features:

  • Building Amenities: Air Conditioning, Elevator/Escalator, Public Washrooms, Security System, Ventilation System, Air Conditioning, Elevator/Escalator, Public Washrooms, Security System, Ventilation System
  • Building Features: Wheelchair Accessible
  • Built in: 1987
  • Construction: Block, Brick, Steel Frame, Wood Frame
  • Documents on File: Blueprint, Financial Statements
  • Driveway/Parking: Parking Spaces(s), Paved
  • Fire Protection: Alarm, Hydrant, Monitored Alarm System, Smoke Detector, Sprinkler
  • Floor Space (approx): 0 Square Feet
  • Flooring: Concrete, Wood
  • Fuel Type: Oil
  • Heating/Cooling Type: Baseboard, Central Air, Furnace, Hot Water
  • Lot Size: 0.52
  • Property Size: 0.5 to 0.99 Acres
  • Rental Equipment: None
  • Roof: Steel, Other
  • Site Influences: Public Transportation, Shopping Nearby, High Traffic Location, Public Parking, Public Transportation, Shopping Nearby, High Traffic Location, Public Parking
  • Sub-type: Office
  • Title to Land: Freehold
  • Utilities: Electrical, Municipal Water, Sewer, Telephone
  • Water Access/View: View: Bay
  • 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

Location of 290-292 Water Street, Summerside, PE, C1N 1B8

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

34 hot days expected in 2050

Projected Storm Risk: Very High

13 storms expected in 2050

Projected Heat Risk: High

34 hot days expected in 2050

42/100

High

ClimateCheck®

Current data

This property, 290-292 Water Street , experiences 7 hot days per year at around 27.55 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 30.69 degrees Celsius.

Projected Avg. Temperature

Past
27.55℃
2050
30.69℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

13 storms expected in 2050

67/100

ClimateCheck®

Current data

This property, 290-292 Water Street , experiences 10 significant 2-day storms per year, with about 344.51mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 441.91mm of precipitation per year.

Precipitation Per Storm

Past
344.51mm
2050
441.91mm

48-Hour Storms Per Year

Past
10
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 290-292 Water Street, Summerside, PE, C1N 1B8

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$62,931.77

Average Number of Children

0.85

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.78 %

High school certificate or equivalent

37.11 %

Apprenticeship trade certificate/diploma

6.92 %

College/non-university certificate

23.98 %

University Degree

6.51 %

Commuter

Travel To Work

By Car

72.23 %

By Public Transit

0.0 %

By Walking

18.2 %

By Bicycle

0.0 %

By Other Methods

9.57 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

38.04 %

Houses

60.51 %

Own Vs. Rent