$950,000 FOR SALE

Commercial/Retail

156 Summer Street
Summerside, PE C1N 3J6

Experience true Island hospitality and elegance at The Boardwalk Inn, a charming historical landmark nestled in downtown Summerside, Prince Edward Island. Originally constructed in 1916 by Island business icon M.F. Schurman, this well-built 3.5 level residence boasts a rich legacy of sophistication. With a distinguished 4.5-star rating from Canada Select and a stellar reputation in Summerside's B&B scene, The Boardwalk Inn sits on Summer Street, just steps away from the waterfront and the renowned Baywalk Boardwalk and Cycling Trail, offering guests the perfect central base for exploring PEI. Pride of ownership shines through every aspect of The Boardwalk Inn, from its impeccable cleanliness to its tasteful decoration and furnishings. Renovated extensively in recent years, the inn offers five guest rooms, plus a owner's suite, each featuring new ensuite bathrooms on the 2nd & 3rd levels accessed via an elegant wooden staircase. Guests are treated to a chef's dream kitchen where breakfast is prepared, while the spacious dining room opens onto a terrace and beautifully landscaped private outdoor spaces, ideal for entertaining. An elegant lounge with an impressive fireplace and a welcoming porch complete the picture of relaxation and comfort. The lower level features a gym, pool table room, laundry facilities, cold storage, and ample storage, ensuring a seamless operation for running a successful B&B business. Ample parking for seven vehicles, including secure garage space for bikes & storage. The property includes a double-car wired garage with room for expansion, with blueprints available for adding 4 independent rental units, presenting an enticing opportunity for growth. With strong bookings already secured for 2024 & additional opportunities for winter room rentals. The Boardwalk Inn is a turn-key business waiting for its next owner to capitalize on its potential. Visit www.theboardwalkinnsummerside.com to learn more & read (id:47423)

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Listed By RE/MAX CHARLOTTETOWN REALTY
Data Provided By Prince Edward Island Real Estate Association
MLS® Listing Number 202403066
Last Updated Feb 21, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Use Recreational
Community Summerside
Price History
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Detailed Information
Listing Contract Date 2024-02-20
Municipal ID 311282
Ownership Type Freehold
Property Type Other
Transaction Type For sale
Zoning Description Res
Business
Business Type Recreation
Business Subtype Recreation
Building
Constructed Date 1916
Construction Material Unknown
Fire Protection Monitored Alarm, Smoke Detectors, Sprinkler System-Fire
Flooring Type Other
Total Finished Area 4500 sqft
Utility Water Municipal water
Parking Spaces
Name Spaces
Parking Space(s)
Paved Yard
Land
Total Size under 1/2 acre

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