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Home NS Digby
101 Water Street
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101 Water Street $459,000
$459,000
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101 Water Street
Digby, Nova Scotia B0V1A0

MLS® Number: 202419510

Listing 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. (229705805)

Location Description

Take Highway to Digby, follow to Water Street.

Property Summary

Property Type
Other
Community Name
Digby
Title
Freehold
Land Size
0.296 ac
Parking Type
Gravel, Parking Space(s), Paved Yard
Time on REALTOR.ca
96 days

Building

Interior Features
Flooring
Wood
Building Features
Construction Material
Wood frame
Fire Protection
Smoke Detectors
Building Amenities
Air Conditioning, Living Accommodation
Heating & Cooling
Cooling
Heat Pump
Utilities
Water
Municipal water
Business
Business Type
Other (Other)
Neighbourhood Features
Community Features
High Traffic Area
Amenities Nearby
Public Transit, Shopping
Parking
Parking Type
Gravel, Parking Space(s), Paved Yard

Measurements

Total Finished Area
2700 sqft
Data provided by: Nova Scotia Association of REALTORS® 112 - 68 Highfield Park Drive, Dartmouth, Nova Scotia B3A 0E4
Lorene Prescesky