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101 Water Street Digby, Nova Scotia B0V 1A0

Heat Pump

$459,000

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. (id:29604)

Business

Business Type Other
Business Sub Type Other

Property Details

MLS® Number 202419510
Property Type Other
Community Name Digby
Amenities Near By Public Transit, Shopping
Community Features High Traffic Area

Building

Amenities Air Conditioning, Living Accommodation
Construction Material Wood Frame
Cooling Type Heat Pump
Fire Protection Smoke Detectors
Flooring Type Wood
Total Finished Area 2700 Sqft
Utility Water Municipal Water

Parking

Gravel
Parking Space(s)
Paved Yard

Land

Acreage No
Land Amenities Public Transit, Shopping
Size Irregular 0.296
Size Total 0.296 Ac
Size Total Text 0.296 Ac

https://www.realtor.ca/real-estate/27286295/101-water-street-digby-digby

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Lorene Prescesky

(902) 670-2430
(855) 584-4127
https://loriprescesky.evrealestate.com/

Engel & Volkers (Annapolis Royal)
241 St. George Street
Annapolis Royal, Nova Scotia B0S 1A0

(902) 532-2121

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