Attention Investors! Presenting a unique opportunity at 101 Water Street, nestled in the heart of Digby's bustling downtown corridor. This versatile commercial property offers both prime retail space and attractive residential units, making it a smart acquisition for the discerning portfolio. Spanning 0.296 acres, the ground floor is dedicated to commercial activity, featuring an inviting window display space perfect for attracting high street footfall. The high-traffic area and great visibility are complemented by ample parking options, including public street parking and a dedicated rear lot for up to 15 vehicles. Above the commercial hub, the second-floor houses two apartments: a front residence that has been tastefully renovated, marrying modern comforts with classic charm. The property boasts a total of 3 bedrooms and 2.5 bathrooms across the residential and commercial spaces, ensuring ample accommodation for tenants. The heating is thoughtfully segmented, with electric baseboard heating in the apartments and a heat pump serving the commercial area, ensuring efficiency and comfort. An additional electric furnace resides in the basement, ready to be connected for forced air heat throughout the commercial space. Some storage space for commercial inventory adds to the practicality of the property. Whether you're looking to diversify with a blend of retail and residential income streams or seeking a footprint in a vibrant locale, 101 Water Street stands out as an investment ripe with potential. With tenants already in place, this property is not just a purchase but an immediate asset in the waterfront area of Digby. (id:47423)
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Detailed Information
Amenities Nearby
Public Transit, Shopping
Community Features
High Traffic Area
Listing Contract Date
2024-08-12
Location Description
Take Highway to Digby, follow to Water Street.
Municipal ID
30232789
Ownership Type
Freehold
Property Type
Other
Transaction Type
For sale
Business
Business Type
Other
Business Subtype
Other
Building
Amenities
Air Conditioning, Living Accommodation
Construction Material
Wood frame
Cooling Type
Heat Pump
Fire Protection
Smoke Detectors
Flooring Type
Wood
Total Finished Area
2700 sqft
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Gravel
Parking Space(s)
Paved Yard
Land
Total Size
0.296 acres
Amenities
Public Transit, Shopping
Size of Irregular Land
0.296
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