21 Queen Street

Description

Historic 1901 Shafner Building in the heart of downtown Bridgetown offers a rare combination of commercial and residential income in a landmark property that has been taken down to the exterior walls and completely rebuilt. The main floor delivers over 2,000 sq ft of freshly renovated retail space with a staff room, washroom, and storage area - a versatile canvas suited to a wide range of business uses in a high-traffic, high-visibility location with exceptional street presence. Four upper-floor apartments provide steady monthly rental income to offset carrying costs from day one. The full rebuild included all many new systems and energy-efficient heat pumps throughout, with half the roof replaced and remaining roofing materials included at closing. Exterior brickwork requires correction and has been reflected heavily in the asking price, representing a genuine value opportunity for a buyer prepared to complete the work. A 16' x 22' storage building, on-site parking, and an adjoining public parking lot round out the package. For investors or owner-operators looking for a high-profile Annapolis Valley address with immediate income, updated mechanicals, and a piece of Bridgetown history, this building is hard to overlook. (id:56844)

Listing

MLS® number

202609777

Status

Active

Days On Market

179

Building

Year built

1901

Above grade

4,560 sq ft

Exterior

Masonry

Features

Living Accommodation, Air Conditioning

Interior

Flooring

Other

Heating

Heat Pump, Baseboard heaters, Electric, Ductless

Cooling

Air Conditioned

Land

Lot size

0.12 acres

Community

High Traffic Area

Parking

Type

Paved Yard

Utilities

Water

Municipal water

Business

Business type

Retail and Wholesale, Residential

Fees and taxes

Common interest

Freehold

Parcel number

05147772

Directions

Queen St, downtown Bridgetown