Overview
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.
Contact us about this listing & It's History
Neighborhood Information
Digby, NS
Digby, located in Nova Scotia, Canada, is a charming town nestled on the shores of the Annapolis Basin. Known for its famous scallop fishing industry, the town offers a peaceful small-town atmosphere with stunning coastal views.
The Digby area is steeped in history and rich in natural beauty. It provides access to both the Fundy Rose Ferry and the Saint John, New Brunswick. The town is also the gateway to the picturesque Islands of Saint George and Long Island. The town is famous for the annual Scallop Days festival which draws tourists from around the world. On the downside, it lacks the conveniences of a larger city and job opportunities can be limited.
80
Despite its small size, Digby offers a high quality of life due to its peaceful atmosphere, friendly community, and beautiful natural surroundings. It scores an 80 out of 100 for desirability.
Search Nearby Activities70
Education in Digby is decent compared to the rest of the country, with a few good schools in the area. The schools are small in size which allows for personalized attention. It scores a 70 out of 100.
Search Nearby Schools60
The entertainment options in Digby, while not as extensive as larger cities, are unique and charming. From the local Pines Resort Golf Course to the Admiral Digby Museum, there is always something to do. It scores a 60 out of 100.
Search Nearby Restaurants90
With breathtaking coastal views, hiking trails, and whale watching opportunities, Digby excels in outdoor activities. It scores a 90 out of 100 for outdoor activities.
Walk Score - 49%About Your Relator®
Jessica Mugford
Meet Jessica Mugford, a dynamic and enthusiastic Realtor® based in the heart of Sydney, NS. Born and raised in this picturesque coastal city, Jessica brings a deep-seated passion and a comprehensive understanding of the local market to her role. Her journey in real estate began at RE/MAX Park Place, where she served as an administrative professional specializing in contract review. This experience has provided her with invaluable insights into the industry, enhancing her expertise in managing real estate transactions with finesse.
Jessica's love for travel has broadened her perspective, allowing her to appreciate diverse lifestyles and housing needs, making her an ideal advisor for clients seeking to navigate the complexities of the real estate market. Coupled with her exceptional customer service skills, Jessica is committed to offering personalized and effective real estate solutions.
With deep rooted entrepreneurial ties to the community, Jessica has the foresight to recognize independent real estate opportunities, propose growth strategies and guide her clients through effective and efficient closing processes.
With Jessica Mugford, you can expect nothing less than a professional, tailored approach.
Phone: (902) 322-1684
Email: jessicamugford@remax.net
Office: Sydney
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Monthly mortgage and property tax payments are estimates for which we bear no responsibility.
Homeowners could also be subject to mortgage insurance premiums, homeowners insurance premiums, and other costs.
Property Details
| On Market Date | 2024-08-13T18:18:19.6 |
| Price | $459,000.00 |
| Neighborhood | Annapolis Valley |
| Location | Lat: 44.625681, Lng: -65.756893 |
| Square Feet | 2,700.00 |
| Lot Size | 12,895.31 1399.31 |
| Parking Features | Yes |
| Heating | Baseboard,Forced Air,Furnace,Heat Pump -Ductless |
| Water Source | Municipal |
| Construction Materials | Wood Frame |
| Roof | Asphalt Shingle |
| Flooring | Wood |
| Association Fee | 0.00 |
| Assessments | 85300 |
| Listing Office Name | Engel & Volkers (Annapolis Royal) |
| Listing Agent | Lorene Prescesky |
| MLS® | 202419510 |
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.