Property Details

101 Water Street, Digby NS B0V 1A0

Engel & Volkers (Annapolis Royal)

$459,000

MLS #202419510

Location

44°37"32.448' N, 65°45"24.8112' W

Property Highlights

MLS®:202419510
PID:30232789
Type:Commercial Sale
Lot Size:12,893.76 sq.ft (0.30 acres)
Assessment:$85,300
Building Dimensions:2700 Square Feet

Property Description

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.

Additional Property Info

Water:Municipal
Heating:Baseboard, Forced Air, Furnace, Ductless
Roof:Asphalt
Garage:No
Flooring:Wood
Inclusions:1 Range, 2 Refrigerators
Features:Lighting, Living Accommodations

Questions? Additional Information:

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All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all information should be confirmed by customer. All rights to content, photographs and graphics reserved to The Real Estate Store.

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 91A Water Street, Yarmouth, NS B5A 4P6