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191-193 Commercial Street

Berwick, NS B0P 1E0
  • $825,000
  • STATUS: Active Under Contract
  • ON SITE: 18 Days
  • MLS #: 202421022
Under Contract
UPDATED: 16 min ago
$825,000
  • 0
    BEDS
  • 0.42
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,698
    SQFT
  • $107
    $/SQFT
Neighbourhood:
Type:
Commercial
Built:
1970
Municipality:

Description

An exciting investment opportunity, right in the downtown core of Berwick. Currently home to three busy enterprises, and one residential tenant, this 7000+ square foot building is ready for new owners to take possession and reap the reward of a well-maintained building, reliable tenants, and a proven income stream. 191-193 Commercial Street is currently leased by Tim Hortons and Saltzman's Carpet & Tile; 134 Union Street is currently leased by Smokehouse Taproom. The 65' by 135' parking lot (separate PID), adds much value in an area where parking can be a challenge. Upgrades to various units within recent years include: a ventilation system, windows, siding, hot water tank, UV water treatment, decks, staircase to residential unit, and more. The flat roof was professionally redone 12 years ago. Berwick is one of the fastest growing towns in the Annapolis Valley. Its amenities attract retirees, young families, and new Canadians, alike. Easy access to Hwy 101, transit, excellent schools, medical facility, arena, and nearby golf course all add to the appeal for investors. Detailed leasing and financial information available to qualified buyers. Additional pictures coming next week

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NSAR IDX Reciprocity listings are displayed in accordance with NSAR's IDX Agreements and property information is provided under copyright © by the Nova Scotia Association of REALTORS®. The above information is from sources deemed reliable but it should not be relied upon without independent verification.
Data last updated: 2024-09-18T09:35:27.41.
www.halifaxareahomesforsale.com/homes/154398789
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191-193 Commercial Street Berwick, NS B0P 1E0

  • Price: $825,000
  • Status: Active Under Contract
  • On Site: 18 Days
  • Updated: 16 min ago
  • MLS #: 202421022
0
Beds
0
Baths
0
½ Baths
0.42
Acres
7,698
SQFT
$107
$/SQFT
1970
Built
Neighbourhood:
Annapolis Valley
Municipality:
Kings
Area:
Annapolis Valley
Property Description
An exciting investment opportunity, right in the downtown core of Berwick. Currently home to three busy enterprises, and one residential tenant, this 7000+ square foot building is ready for new owners to take possession and reap the reward of a well-maintained building, reliable tenants, and a proven income stream. 191-193 Commercial Street is currently leased by Tim Hortons and Saltzman's Carpet & Tile; 134 Union Street is currently leased by Smokehouse Taproom. The 65' by 135' parking lot (separate PID), adds much value in an area where parking can be a challenge. Upgrades to various units within recent years include: a ventilation system, windows, siding, hot water tank, UV water treatment, decks, staircase to residential unit, and more. The flat roof was professionally redone 12 years ago. Berwick is one of the fastest growing towns in the Annapolis Valley. Its amenities attract retirees, young families, and new Canadians, alike. Easy access to Hwy 101, transit, excellent schools, medical facility, arena, and nearby golf course all add to the appeal for investors. Detailed leasing and financial information available to qualified buyers. Additional pictures coming next week
Exterior Features

Construction Materials Block Garage YN No Lot Features Under 0.5 AcresNear Public TransitShopping NearbyVisual Exposure Other Parking Parking Details(Paved Parking Lot - Separate Pid) Parking Features Public ParkingParking Spaces(s)PavedGuest Road Frontage Type HighwayHigh Traffic Location Roof Rolled/Hot Mop Waterfront YN No

Interior Features

Accessibility Features Wheelchair Accessible Below Grade Finished Area Units Square Feet Building Area Total 7698 Flooring ConcreteSee Remarks Heating Heat Pump Heating YN Yes

Property Features

Additional Parcels Description 55245344 Additional Parcels YN Yes Area Major Kings County Area Minor V2 Building Features LightingOutside StorageLiving AccommodationsPublic Washrooms Business Type Other Electric On Property YN Yes New Construction YN No Other Equipment No Rental EquipmentVentilation System Other Structures Storage Ownership Freehold Possession Negotiable Property Sub Type Retail Rental Income Yes Security Features Smoke Detector(s)Fire Sprinkler SystemSecurity Gate Utilities ElectricCable ConnectedElectricity ConnectedSewer ConnectedPhone Connected Water Source Drilled Well Zoning c-1

Listing information © 2024 Nova Scotia Association of Realtors.
Listing provided courtesy of Exit Realty Town & Country.


NSAR IDX Reciprocity listings are displayed in accordance with NSAR's IDX Agreements and property information is provided under copyright © by the Nova Scotia Association of REALTORS®. The above information is from sources deemed reliable but it should not be relied upon without independent verification.
Data last updated: 2024-09-18T09:35:27.41.
 
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1959 Upper Water St. Tower 1, Suite 1301
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