Acreage
$1,299,900
An exceptional opportunity awaits developers and investors with this expansive 5.59-acre R4-zoned parcel ideally located in the heart of uptown Summerside. Boasting 450 feet of frontage on busy Central Street, this high-visibility property sits directly behind the Toyota dealership?placing it in one of the city's most active and high-traffic corridors. With R4 zoning in place, the site offers incredible potential for a high-density residential development?preliminary concepts suggest a minimum of 300 units could be approved, subject to design and footprint. Its size, location, and zoning flexibility make it an ideal candidate for apartment buildings, condo complexes, or mixed-use residential projects. Just steps from a full range of amenities, future tenants will enjoy walkable access to restaurants, retail, banking, and essential services?everything needed for both work and leisure. This is one of the few large-scale parcels remaining in this bustling part of the city, making it a rare and highly desirable investment. Don't miss your chance to be part of Summerside's growing urban landscape with a development site that checks every box for location, visibility, and potential. (id:63476)
Property Details
|
MLS® Number |
202526001 |
|
Property Type |
Vacant Land |
|
Community Name |
Summerside |
|
Easement |
None |
Building
|
Utility Water |
Municipal Water |
Parking
Land
|
Access Type |
Year-round Access |
|
Acreage |
Yes |
|
Land Disposition |
Cleared |
|
Sewer |
Municipal Sewage System |
|
Size Irregular |
5.59 |
|
Size Total |
5.59 Ac|3 - 10 Acres |
|
Size Total Text |
5.59 Ac|3 - 10 Acres |