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465 Water Street, Summerside, PE, C1N 1C9

MLS® # 202200929
Commercial For Sale In Summerside, Prince Edward Island
$1,150,000
465 Water Street, Summerside, PE
465 Water Street, Summerside, PE
465 Water Street, Summerside, PE
465 Water Street, Summerside, PE
465 Water Street, Summerside, PE
465 Water Street, Summerside, PE
465 Water Street, Summerside, PE
465 Water Street, Summerside, PE
465 Water Street, Summerside, PE
465 Water Street, Summerside, PE
465 Water Street, Summerside, PE
465 Water Street, Summerside, PE
465 Water Street, Summerside, PE
465 Water Street, Summerside, PE
465 Water Street, Summerside, PE
465 Water Street, Summerside, PE
465 Water Street, Summerside, PE
465 Water Street, Summerside, PE
465 Water Street, Summerside, PE
465 Water Street, Summerside, PE
465 Water Street, Summerside, PE
465 Water Street, Summerside, PE
465 Water Street, Summerside, PE
465 Water Street, Summerside, PE
465 Water Street, Summerside, PE
465 Water Street, Summerside, PE
465 Water Street, Summerside, PE
465 Water Street, Summerside, PE
465 Water Street, Summerside, PE
465 Water Street, Summerside, PE
  • Advertising
465 Water Street, Summerside, PE, C1N 1C9
$1,150,000

Property Information:

Welcome to one of the most desirable pieces of Commercial Real Estate we have to offer! 465 Water street is currently located in the heart of Summerside, Prince Edward Islands waterfront. This is 3280 sq/ft building currently operates as a gym but is laid out beautifully for any type of business. The building received a complete renovation in 2018. The property offers unmatched views - a couple of offices, women's and men's bathrooms equipped with shower and sauna, 12.5 ft ceilings, and roughly 2250 sq/ft of open space to be designed to your liking. The building comes with 9+ parking spots and ample street parking on the Summerside boardwalk. Entrepreneurs could envision a high-end restaurant with outdoor dining in the Summer, a sports bad, hibachi bar or something of similar nature. The opportunity is here to patch a hole in our local market! Very few opportunities like this come up in Summersides' limited waterfront. Measurements, list of upgrades, and environment assessment available to serious inquiries. Listing agent is a relative of ownership group. All sized are approximate and should be verified by the purchaser if deemed necessary.

Property Features:

  • Building Amenities: Air Conditioning, Public Washrooms, Security System, Air Conditioning, Public Washrooms, Security System
  • Building Features: Beach, Storage Building
  • Built in: Y
  • Construction: Steel Frame
  • Documents on File: Aerial Photos
  • Driveway/Parking: Paved, Visitor Parking
  • Fire Protection: Alarm, Smoke Detector
  • Floor Space (approx): 3280 Square Feet
  • Flooring: Other
  • Fuel Type: Other
  • Heating/Cooling Type: Heat Pump -Ductless
  • Property Size: Under 0.5 Acres
  • Rental Equipment: None
  • Roof: Steel
  • Site Influences: Cleared, Cleared
  • Sub-type: Other
  • Title to Land: Freehold
  • Utilities: Municipal Water
  • Water Source: Community

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 465 Water Street, Summerside, PE, C1N 1C9

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, 465 Water Street , experiences 7 hot days per year at around 27.59 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 30.74 degrees Celsius.

Projected Avg. Temperature

Past
27.59℃
2050
30.74℃

# 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, 465 Water Street , experiences 10 significant 2-day storms per year, with about 344.66mm 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 441.69mm of precipitation per year.

Precipitation Per Storm

Past
344.66mm
2050
441.69mm

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 465 Water Street, Summerside, PE, C1N 1C9

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$55,783.61

Average Number of Children

0.85

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

29.54 %

High school certificate or equivalent

35.49 %

Apprenticeship trade certificate/diploma

9.83 %

College/non-university certificate

17.68 %

University Degree

3.09 %

Commuter

Travel To Work

By Car

83.38 %

By Public Transit

0.0 %

By Walking

7.38 %

By Bicycle

0.0 %

By Other Methods

9.24 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

26.88 %

Houses

70.28 %

Own Vs. Rent