21 North Street, Bridgewater, Nova Scotia B4V 2V7

Listed for:
$1,500,000
0 beds
0 baths
Listed 99 days ago
Apartment for rent: 21 North Street, Bridgewater, Nova Scotia B4V 2V7

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Learn more about this property
Listing provided by:
EXIT Realty Inter Lake
MLS® number:
202401676
Agent:
Donna Malone
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About

Property in close proximity to lights at Aberdeen and North St. Next to A & W. This property presents an opportunity to acquire a well-rounded investment with both residential & commercial income streams. Its strategic location & versatile spaces make it a prime choice for investors seeking a stable & profitable portfolio. This is a Commercial Residential Property that is strategically positioned in a highly visible location with convenient access to various amenities. It offers a unique investment opportunity that combines residential comfort with lucrative commercial enterprises. The building was significantly renovated with an addition that more than doubled its square footage in 2019. Occupancy for the addition was granted in 2021. The property consists of 4 residential rental units. Studio with bath & laundry access. One bedroom apartment with bath & in-suite laundry. Two-bedroom apartment with bath & laundry access. Two-bedroom apartment with one & a half baths & in-suite laundry. Units include major appliances. The commercial spaces consist of a hair salon plumbed for 4 stations with a private space for esthetic services & a lunchroom space. The Bubble Tea take out serves bubble tea, milkshakes, coffee, lattes, cappuccino, & espresso. The Commercial Laundry/Dry Cleaning Service includes drop off & pick up laundry services for private individuals & businesses, as well as dry cleaning drop-off & pick-up service in conjunction a Dartmouth company. The Coin-Operated Water Dispenser is convenient & profitable with its own dedicated space. There is ample on-site paved parking. The detached garage (14X32) has a 14-foot ceiling & insulated concrete floor. It is ideal for a potential storage unit business or other business opportunity. This property is within walking distance to restaurants, shopping, banks, entertainment & the regional hospital. It offers diverse income streams from residential & commercial spaces. It is near amenities which enhances tenant attraction attraction and retention. The garage offers additional income potential. (id:27476)

Property Highlights

Type
Apartment
Cooling type
Air Conditioned, Heat Pump
Heating fuel
Fireplace
No
Construction material
Vinyl
Parking space
Ownership Type
Freehold
Amenities nearby
Golf Course, Park, Playground, Public Transit, Shopping, Place of Worship

Location

Summary

This property is situated in a prime location with easy access to a variety of amenities, including a golf course, park, playground, public transit, shopping, and places of worship.

The ownership type of this property is Freehold, offering a unique investment opportunity for both residential and commercial income streams.

Strategically positioned in a highly visible location, this Commercial Residential Property provides convenient access to various amenities, making it an attractive choice for investors seeking a stable and profitable portfolio.

The building underwent significant renovations in 2019, with an addition that more than doubled its square footage. The occupancy for the addition was granted in 2021, and the property consists of 4 residential rental units with various layouts and amenities.

In addition to the residential units, the property also features commercial spaces, including a hair salon, a Bubble Tea take out, a Commercial Laundry/Dry Cleaning Service, and a Coin-Operated Water Dispenser, all of which contribute to the diverse income streams of the property.

Furthermore, the property offers ample on-site paved parking and a detached garage with potential for additional income opportunities, such as a storage unit business.

Located within walking distance to restaurants, shopping, banks, entertainment, and the regional hospital, this property is well-positioned to attract and retain tenants, offering a combination of residential comfort and lucrative commercial enterprises.

For sale, this property features a land size of 0.2682 acres and is located at 21 North Street in the city of Bridgewater, Nova Scotia, with a postal code of B4V2V7. It also includes a finished basement with a walk-out entrance and cooling type of Air Conditioned and Heat Pump. The building exterior finish is Vinyl, and the property type is an Apartment.