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$ 875,000
Est. payment /mo
Active
52-62 Gerrish Street Windsor, NS B0N2T0
8,450 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Windsor
MLS® Listing ID 202602489
Year Built 1926
Lot Size 8,450 Sqft
Acres 0.194
Property Sub-Type Freehold
Property 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:24570)
Location
Province NS
Rooms
Kitchen 0.0
Interior
Cooling Window air conditioner
Flooring Concrete
Exterior
Parking Features No
Community Features High Traffic Area
View Y/N No
Private Pool No
Others
Ownership Freehold
Listed by Exit Realty Town & Country
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