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$349,000
Est. payment /mo
5,384 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Bridgetown
MLS® Listing ID 202609778
Year Built 1901
Lot Size 5,384 Sqft
Acres 0.1236
Property Sub-Type Freehold
Property 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:24570)
Location
Province NS
Rooms
Kitchen 0.0
Interior
Cooling Air Conditioned, Heat Pump
Flooring Laminate, Vinyl, Other
Exterior
Parking Features No
Community Features Recreational Facilities, School Bus
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Nearby School & Business
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