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Main Photo: 101 Water Street in Digby: Digby County Commercial  (Annapolis Valley)  : MLS®# 202419510
Photo 1: 101 Water Street in Digby: Digby County Commercial  (Annapolis Valley)  : MLS®# 202419510
Photo 2: 101 Water Street in Digby: Digby County Commercial  (Annapolis Valley)  : MLS®# 202419510
Photo 3: 101 Water Street in Digby: Digby County Commercial  (Annapolis Valley)  : MLS®# 202419510
Photo 4: 101 Water Street in Digby: Digby County Commercial  (Annapolis Valley)  : MLS®# 202419510
Photo 5: 101 Water Street in Digby: Digby County Commercial  (Annapolis Valley)  : MLS®# 202419510
Photo 6: 101 Water Street in Digby: Digby County Commercial  (Annapolis Valley)  : MLS®# 202419510
Photo 7: 101 Water Street in Digby: Digby County Commercial  (Annapolis Valley)  : MLS®# 202419510
Photo 8: 101 Water Street in Digby: Digby County Commercial  (Annapolis Valley)  : MLS®# 202419510
Photo 9: 101 Water Street in Digby: Digby County Commercial  (Annapolis Valley)  : MLS®# 202419510
Photo 10: 101 Water Street in Digby: Digby County Commercial  (Annapolis Valley)  : MLS®# 202419510
Photo 11: 101 Water Street in Digby: Digby County Commercial  (Annapolis Valley)  : MLS®# 202419510
Photo 12: 101 Water Street in Digby: Digby County Commercial  (Annapolis Valley)  : MLS®# 202419510
Photo 13: 101 Water Street in Digby: Digby County Commercial  (Annapolis Valley)  : MLS®# 202419510
Photo 14: 101 Water Street in Digby: Digby County Commercial  (Annapolis Valley)  : MLS®# 202419510
Photo 15: 101 Water Street in Digby: Digby County Commercial  (Annapolis Valley)  : MLS®# 202419510
Photo 16: 101 Water Street in Digby: Digby County Commercial  (Annapolis Valley)  : MLS®# 202419510
Photo 17: 101 Water Street in Digby: Digby County Commercial  (Annapolis Valley)  : MLS®# 202419510
Photo 18: 101 Water Street in Digby: Digby County Commercial  (Annapolis Valley)  : MLS®# 202419510
Photo 19: 101 Water Street in Digby: Digby County Commercial  (Annapolis Valley)  : MLS®# 202419510
Photo 20: 101 Water Street in Digby: Digby County Commercial  (Annapolis Valley)  : MLS®# 202419510
Photo 21: 101 Water Street in Digby: Digby County Commercial  (Annapolis Valley)  : MLS®# 202419510
Photo 22: 101 Water Street in Digby: Digby County Commercial  (Annapolis Valley)  : MLS®# 202419510
Photo 23: 101 Water Street in Digby: Digby County Commercial  (Annapolis Valley)  : MLS®# 202419510
Photo 24: 101 Water Street in Digby: Digby County Commercial  (Annapolis Valley)  : MLS®# 202419510
Photo 25: 101 Water Street in Digby: Digby County Commercial  (Annapolis Valley)  : MLS®# 202419510
Photo 26: 101 Water Street in Digby: Digby County Commercial  (Annapolis Valley)  : MLS®# 202419510
Photo 27: 101 Water Street in Digby: Digby County Commercial  (Annapolis Valley)  : MLS®# 202419510
Status:
Active
Prop. Type:
Commercial
MLS® Num:
202419510
Bus Major:
Other
Attention Investors! Presenting a unique opportunity at 101 Water Street, nestled in the heart of Digby's bustling downtown corridor. This versatile commercial property offers both prime retail space and attractive residential units, making it a smart acquisition for the discerning portfolio. Spanning 0.296 acres, the ground floor is dedicated to commercial activity, featuring an inviting window display space perfect for attracting high street footfall. The high-traffic area and great visibility are complemented by ample parking options, including public street parking and a dedicated rear lot for up to 15 vehicles. Above the commercial hub, the second-floor houses two apartments: a front residence that has been tastefully renovated, marrying modern comforts with classic charm. The property boasts a total of 3 bedrooms and 2.5 bathrooms across the residential and commercial spaces, ensuring ample accommodation for tenants. The heating is thoughtfully segmented, with electric baseboard heating in the apartments and a heat pump serving the commercial area, ensuring efficiency and comfort. An additional electric furnace resides in the basement, ready to be connected for forced air heat throughout the commercial space. Some storage space for commercial inventory adds to the practicality of the property. Whether you're looking to diversify with a blend of retail and residential income streams or seeking a footprint in a vibrant locale, 101 Water Street stands out as an investment ripe with potential. With tenants already in place, this property is not just a purchase but an immediate asset in the waterfront area of Digby.
Listing Sub-Area:
Digby County
Property Type:
Commercial
Commercial Type:
Other
Major Bus Type:
Other
Title To Land:
Freehold
Main Living Area:
2,700 sq. ft.
Floor Area:
2,700 sq. ft.
Building Dimenions:
32' x 43'
Prop Size:
Under 0.5 Acres
Lot Size:
12,894 sq. ft.
Outside Dimenions:
32' x 43'
Zoning:
Comm/Res
Construction:
Wood Frame
New Constr.:
No
Parking:
Yes
Driveway:
Gravel, Parking Spaces(s), Paved, Single
Parking Description:
Parking spaces in back, public parking on street
# Floors:
2
Floor Finish:
Wood
Roof:
Asphalt Shingle
Heating:
Baseboard, Forced Air, Furnace, Heat Pump -Ductless
Fuel:
Electric
Fire Protection:
Smoke Detector
Water Supply:
Municipal
Utilities:
Electrical, Municipal Water, Sewer, Telephone
Lighting
Public Transportation, Shopping Nearby, Visual Exposure, High Traffic Location, Public Parking
Air Conditioning, Living Accommodations, Window Display
1 range, 2 refrigerators
Range in rear apartment, 2 shelves in bathroom or rear apartment, commercial shelving, refrigerator
None
No
Assessment:
85300.0
Assessment Year:
2024
Rental Income:
Yes
Net Income:
$25,220
Gross Revenue:
$32,280
Betterment Charges:
Sewer, water
Total Expenses:
$7,060
Business Tax Payer:
Tenant
Property Taxes Payer:
Owner
Heating Payer:
Tenant
Hydro Payer:
Tenant
Water Payer:
Owner
Structural Maintenance Payer:
Owner
Exterior Maintenance Payer:
Owner
Interior Maintenance Payer:
Owner
Lease 1 - Net Rental Area:
1350 sq. ft.
Lease 1 - Expiration Date:
Month to month
Lease 1 - Occupant:
Tenant
Lease 1 - Rental Rate:
$1260
Lease 2 - Net Rental Area:
650 sq. ft.
Lease 2 - Expiration Date:
Month to month
Lease 2 - Occupant:
Tenant
Lease 2 - Rental Rate:
$630
Lease 3 - Net Rental Area:
600 sq. ft.
Lease 3 - Expiration Date:
Month to month
Lease 3 - Occupant:
Tenant
Lease 3 - Rental Rate:
$800
Possession Info:
Negotiable
Listed Date:
Days on Mkt:
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Listed by Engel & Volkers (Annapolis Royal)
Data was last updated January 5, 2025 at 03:20 AM (UTC)