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21 North Street Bridgewater, Nova Scotia B4V 2V7

Heat Pump

$1,500,000

This property presents an opportunity to acquire a well-rounded investment with both residential & commercial income streams. Its strategic location & versatile spaces make it a prime choice for investors seeking a stable & profitable portfolio. This is a Commercial Residential Property that is strategically positioned in a highly visible location with convenient access to various amenities. It offers a unique investment opportunity that combines residential comfort with lucrative commercial enterprises. The building was significantly renovated with an addition that more than doubled its square footage in 2019. Occupancy for the addition was granted in 2021. The property consists of 4 residential rental units. Studio with bath & laundry access. One bedroom apartment with bath & in-suite laundry. Two-bedroom apartment with bath & laundry access. Two-bedroom apartment with one & a half baths & in-suite laundry. Units include major appliances. The commercial spaces consist of a hair salon plumbed for 4 stations with a private space for esthetic services & a lunchroom space. The Bubble Tea take out serves bubble tea, milkshakes, coffee, lattes, cappuccino, & espresso. The Commercial Laundry/Dry Cleaning Service includes drop off & pick up laundry services for private individuals & businesses, as well as dry cleaning drop-off & pick-up service in conjunction a Dartmouth company. The Coin-Operated Water Dispenser is convenient & profitable with its own dedicated space. There is ample on-site paved parking. The detached garage (14X32) has a 14-foot ceiling & insulated concrete floor. It is ideal for a potential storage unit business or other business opportunity. This property is within walking distance to restaurants, shopping, banks, entertainment & the regional hospital. It offers diverse income streams from residential & commercial spaces. It is near amenities which enhances tenant attraction and retention. The garage offers additional income potential. (id:39336)

Business

Business Type Personal Services, Restaurant, Residential
Business Sub Type Hairdressing Salon, Restaurant, Residential

Property Details

MLS® Number 202401675
Property Type Retail
Community Name Bridgewater
Amenities Near By Public Transit, Shopping
Community Features High Traffic Area
Equipment Type Propane Tank
Rental Equipment Type Propane Tank

Building

Amenities Air Conditioning, Laundry Facility, Living Accommodation
Constructed Date 2020
Construction Material Wood Frame
Cooling Type Heat Pump
Flooring Type Concrete, Wood, Other
Total Finished Area 3864 Sqft
Utility Water Municipal Water

Parking

Parking Space(s)
Paved Yard

Land

Acreage No
Land Amenities Public Transit, Shopping
Land Disposition Cleared
Size Irregular 0.2659
Size Total 0.2659 Ac
Size Total Text 0.2659 Ac

https://www.realtor.ca/real-estate/26452495/21-north-street-bridgewater-bridgewater

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