C$475,000

Rare Waterfront Business & Investment Opportunity, 176 Old Ferry Road, Bayside, PEI. Situated just 25 minutes from Summerside, this exceptional property features over 1,000 feet of prime waterfront on the Grand River and presents a standout real estate investment with immediate revenue potential. Currently operated as a seasonal rental business, the property comprises five cottages, two 3 bedroom and three 2 bedroom units, many featuring warm pine interiors and a classic Maritime charm. Modern comforts and functional updates are already in place, including two units equipped with heat pumps and propane stoves to extend the rental season, three units with electric heat, and three newly pumped septic systems, making the entire operation prepped and ready for next years guests. Priced strictly on the exceptional value of the land, location, and real estate footprint rather than past business yield, this property generates consistent average seasonal income while offering tremendous upside for growth. Offered "as is, where is" with select financial documentation available, this is an affordable, high potential opportunity to secure prime PEI waterfront real estate with a turnkey summer rental business built right in. (id:41202)