Property Details

601 Read Drive, Summerside, Prince Edward Island, C1N5C2

601 Read Drive, Summerside, Prince Edward Island, C1N5C2 (ID 202312784)
Representative
Jeff Newson portrait
Jeff Newson

COLDWELL BANKER/PARKER REALTY - CHARLOTTETOWN
Cell: 902-626-7250
Tel: 902-566-4663

$1,800,000 - For sale

ID#:202312784

LOCATION LOCATION LOCATION! This exceptional commercial property presents a unique opportunity as it is currently divided into two separate units. Boasting over 24,000 square feet, 7,000 square feet already leased on one side by City Flooring, there is an immediate income stream in place. However, the possibilities for this building and property extend far beyond its current configuration. Sitting on a spacious 3.14-acre parcel with excellent highway exposure, this property offers endless possibilities for expansion and development. The existing division into two separate units provides flexibility for various business ventures. You can capitalize on the existing income stream from the leased unit while exploring the potential of the remaining space. The property's prime location and ample space make it perfect for a retail/warehouse mix or even a manufacturing facility with a showroom. The mezzanine overlooking the showroom floor adds an additional level of functionality and visual appeal. With the additional lot included, there is further room for expansion or alternative revenue-generating opportunities. You can consider adding onto the current building, expanding the driveway space, or even selling the .66-acre lot next to the building. The property's positioning on a hill enhances its visibility and makes it a standout location for those driving into Summerside. Its C-2 zoning designation allows for a wide range of commercial uses, providing even more flexibility for your business plans. Take this opportunity to capitalize on the property's prime location, income potential, and ample space. Explore the possibilities, unlock its full potential, and make this property the foundation for your business's success. (id:2471)

Location DescriptionHeading north on Read Drive, property on the right. 601 Read Drive.

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Property Details
  • Property Address:601 Read Drive, Summerside, Prince Edward Island, C1N5C2
  • Property Type:Other
  • Community Name:Summerside
  • Lot Size:3.14 Acres|3 - 10 acres
  • Water Type:Municipal water
  • Access:Highway access
  • Driveway:Parking Space(s), Paved Yard, Gravel
Structure Details for 601 Read Drive, Summerside, Prince Edward Island, C1N5C2
  • Building Age:1976
  • Total Finished Area:25782 sqft
  • Floor Space:25782
  • Storeys:2
  • Flooring:Concrete, Other
  • Cooling Type:Ventilation system
Amenities for 601 Read Drive, Summerside, Prince Edward Island, C1N5C2 High Traffic Area, Public Washrooms
  • Amenities Nearby:Highway
Representative
Jeff Newson portrait
Jeff Newson
REALTOR®
COLDWELL BANKER/PARKER REALTY - CHARLOTTETOWN
Cell: 902-626-7250
Tel: 902-566-4663
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601 Read Drive, Summerside, Prince Edward Island, C1N5C2

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