52-62 Gerrish Street,Windsor, NS B0N2T0
Windsor, NS B0N2T0
Description
Well-positioned mixed-use investment property offering current income with exceptional development potential. Located in Windsor, one of the Annapolis Valleys fastest-growing communities. The main floor features two established commercial/retail units (approx. 3,000 sq ft), both currently occupied. A large front display window enhances visibility and street presence, making the retail/office space well-suited for a wide range of businesses. Unit 1 has a large open office/reception area, a washroom, 3 offices (one currently being used for storage, and a 4th large boardroom/office area. Unit 2 has a spacious reception area, two office spaces, and a washroom. Also on the main level, Unit 3 is a previously rented, currently undeveloped commercial/warehouse area with direct access from Stannus Street. This space includes multiple rooms and a kitchen area and offers excellent development potential. The second floor offers two, 2-bedroom residential apartments, with tenants responsible for their own heat/electricity. The entire third floor, approximately 2,000 square feet, remains undeveloped and presents a rare opportunity for expansion, such as additional residential units, subject to buyers plans and approvals. This property includes two PIDs, with the second PID comprising a parking lot accessible from Stannus Street, a valuable asset for both commercial and residential tenants. Situated in the center of town, with excellent exposure, this property is well-suited for investors seeking a combination of stable income, value-add potential, and long-term growth in a thriving Annapolis Valley community. (id:374)
Details
| MLS # | 202602489 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1926 |
| Days On Site | 256 |
| Listing Provided By | Exit Realty Town & Country | Charlene Meister |
Features
| SQ Feet | 9,522 |
|---|---|
| Acreage | 0.19 |
Interior
| Cooling | Window air conditioner |
|---|---|
| Heating | Baseboard heaters, Electric |
| Fireplace Yes / No | No |
Exterior
| Construction Materials | Concrete block, Masonry, Concrete Walls |
|---|
Parking
| Parking Features | Paved Yard, Parking Space(s) |
|---|
Utilities
| Water Source | Municipal water |
|---|
Area Information
| Province | NS |
|---|---|
| City | Windsor |
| Postal Code | B0N2T0 |
| Listing VS Median (in B0N2T0) | |
Price: $875,000 low | high Med: $489,900 sqft: 9,522 low | high Med: 1,298 $ / sqft: $92 low | high Med: $377 On site: 256 low | high Med: 79 | |
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Learn More About This Property
| Province | NS |
|---|---|
| City | Windsor |
| Postal Code | B0N2T0 |
| Listing VS Median (in B0N2T0) | |
Price: $875,000 low | high Med: $489,900 sqft: 9,522 low | high Med: 1,298 $ / sqft: $92 low | high Med: $377 On site: 256 low | high Med: 79 | |
