641 King Street, Bridgewater, Nova Scotia B4V 1B5

Listed for:
$735,000
0 beds
0 baths
Listed 408 days ago
641 King Street, Bridgewater, Nova Scotia B4V 1B5

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Learn more about this property
Listing provided by:
RE/MAX Banner Real Estate (Bridgewater)
MLS® number:
202303503
Agent:
Karsa Melnick
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About

Hwy 103, Exit 13, travel into Bridgewater, right onto King St. Property on right side. 641 King Street is a large and spacious building with a 115'2 x 116 footprint main floor commercial space and second floor addition over top of half the building. The majority has been deconstructed inside, allowing for the building to be easily renovated into commercial and office spaces or, demolished to construct 50-75 housing units; formerly Gow's Home Furniture and appliance store location for many years. There are two parking spaces with a 5th short term space directly behind #629, metered parking spaces along the street and several Town parking lots in close proximity. One development example would be 50 to 75 units housed in a 5 to 6 story building with ground floor/King Street level commercial. The Town of Bridgewater is growing and the main commercial shopping district between Halifax and Yarmouth. Anchored in a high traffic area along the main street of Bridgewater, you?ll find this extraordinary development opportunity. (id:27476)

Property Highlights

Type
Cooling type
Heat Pump
Heating fuel
Fireplace
No
Construction material
Parking space
Ownership Type
Freehold
Amenities nearby
Shopping

Location

Summary

Located at 641 King Street, this property offers a prime location with nearby shopping amenities. The ownership type of this property is Freehold, making it an attractive investment opportunity.

The building itself is quite spacious, with a large footprint for the main floor commercial space and a second floor addition over half of the building. The interior has been deconstructed, providing the flexibility for renovation into commercial and office spaces or potential demolition for the construction of 50-75 housing units. Formerly the location of Gow's Home Furniture and appliance store, the property also includes two parking spaces with an additional short-term space directly behind #629, as well as metered parking spaces along the street and several Town parking lots in close proximity.

One potential development idea for this property is the construction of a 5 to 6 story building with 50 to 75 housing units and ground floor commercial space at the King Street level. With the Town of Bridgewater experiencing growth and serving as the main commercial shopping district between Halifax and Yarmouth, this property presents an exceptional development opportunity in a high-traffic area.

Currently listed for sale, this property features a land size of 0.3444 acres and is situated in the community of Bridgewater, Nova Scotia. The cooling type for this property is a Heat Pump, making it suitable for various commercial and office uses.