Overview

Property Type Business
Sq Ft 3584.00
Price Per Sq Ft $223

Description

Outstanding Commercial & Residential Investment Opportunity! A FIVE unit iconic brick-front property offering a rare chance to own a piece of prime real estate located in the heart of Annapolis Royal. Home to Bistro East, a beloved local restaurant with a strong reputation and positioned on sought-after Saint George Street, this property boasts stunning water views, breathtaking sunsets, and easy access to ample public parking. This property is being offered as a turn-key opportunity, including all restaurant equipment, branding, and goodwill. Just step in and start serving! Beyond the restaurant, the building also includes a separate ground-level commercial space currently leased long-term, PLUS a bright and spacious 3-bedroom apartment on the upper floor featuring water views and hardwood floors and is currently rented per bedroom with shared common spaces, PLUS two additional 1-bedroom units upstairs which offer potential for expansion into a grand residential space. With major upgrades to the commercial kitchen and stylish renovations throughout the apartments, the new owner can enjoy peace of mind and minimal upkeep for years to come. A full list of upgrades available upon request. Additional features include expansive basement storage with easy access, a solid concrete foundation & well-maintained roof, electrical upgrades (3-phase), ductless heat pumps for restaurant climate control, wheelchair-accessible main commercial space, and municipal services. With a constant flow of tourists exploring the historic town, vibrant arts scene, museums, and year-round festivals, including a bustling weekly Farmers' Market, this location is ideal for business success. Directly across the street, the popular amphitheater attracts visitors and adds to the lively atmosphere. Live and work under one roof or rent out all FIVE units for a fantastic revenue stream, the possibilities are endless. A prime investment in an unbeatable location! Bistro financials available on request.

Contact us about this listing & It's History

Neighborhood Information

Annapolis Royal, NS

Annapolis Royal, Nova Scotia, is a small town with a rich history dating back to the 17th century. It is located on the south shore of the Annapolis Basin in the Annapolis Valley and is known for its breathtaking landscapes and beautiful architecture.

This town offers a peaceful, quiet living environment with many recreational activities, such as hiking, fishing, and boating. It is home to several attractions including the Annapolis Royal Historic Gardens, Fort Anne National Historic Site, and the O'Dell House Museum. The town has a close-knit community atmosphere that is welcoming to everyone.

While it offers serenity and a slower pace of life, it is slightly isolated with the nearest city, Halifax, about 2 hours away. This might be a con for those seeking a more urban lifestyle. Also, due to its small size, shopping and dining options are limited.

City Score
72

Annapolis Royal provides a unique blend of history, beautiful landscapes, and a close-knit community. It scores 72 for its lifestyle, however, the limited urban amenities might not appeal to everyone.

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School Score
75

The town has a few schools which are part of the Annapolis Valley Regional School Board. They are known for their focus on community involvement and student development. The schools score a decent 75.

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Entertainment Score
68

There are several entertainment options that highlight the town's history, such as historical reenactments, art gallery exhibits, and live theatre performances at the King's Theatre. The town scores 68 for entertainment.

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Activity Score
80

The town is great for outdoor activities with numerous trails and waterways for hiking, biking, and kayaking. It's also a popular spot for bird watching. The outdoor activities score is 80.

Walk Score - 55%

About Your Relator®

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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Property Details

On Market Date2025-05-30T12:00:35.9
Price$799,000.00
Year Built1932
NeighborhoodAnnapolis Valley
LocationLat: 44.743627, Lng: -65.519275
Square Feet3,584.00
Lot Size3,874.92 3874.92
Parking FeaturesYes
HeatingHeat Pump -Ductless,In Floor,Radiator
Water SourceMunicipal
Construction MaterialsBrick,Concrete
RoofOther
FlooringWood,Other
Association Fee0.00
Assessments491000
Listing Office NameRE/MAX Banner Real Estate
Listing AgentPaula Hafting
MLS®202512800
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.

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