$1,598,000
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271 Water Street, Summerside, PE C1N5Z9

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- Beds
0 Baths
8,670 Sq Ft

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:58753)

Listing By: Wen Yan - ROYAL LEPAGE PRINCE EDWARD REALTY
Source: CREA #202615968 Listing provided courtesy of Canadian Real Estate Association
  • MLS® 202615968
  • Date Listed06/29/2026
  • Days on Realty 92 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 8,712 sq. ft
  • Property Type Other
  • Water Public
  • Square Feet 8,670 sq. ft
  • Price Per Sq. Ft $184.31

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 8,712.00
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for C1N5Z9

Discover key demographics, population statistics, and environmental insights for the Summerside, PE area.

Walkability in PE / C1N5Z9

Source: Walk Score

79/100

Very Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

49/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 16/100, Transit Score: 0/100, Bike Score: 30/100.

Points of Interest near 271 Water Street, Summerside, PE C1N5Z9

Frequently Asked Questions for 271 Water Street

Source: Realty.com

271 Water Street, Summerside, PE C1N5Z9 in Summerside, PE C1N5Z9 is a other listed at $1,598,000. Highlights include 8,670 sq. ft., $184 per sq. ft.. Realty.ca has 13 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 13 photos of 271 Water Street.

The full address for this home is 271 Water Street, Summerside, PE C1N5Z9.

271 Water Street has been listed on Realty.com since Mon June 29, 2026

Most errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 16/100, Transit Score: 0/100, Bike Score: 30/100.

This content last refreshed on 2026-09-29 16:00:27. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.