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19-23 Commercial Street in Middleton: Annapolis County Commercial for sale (Annapolis Valley) : MLS®# 202402535

19-23 Commercial Street Middleton B0S 1P0 : Annapolis County

  • $330,000
  • Commercial
  • MLS®#: 202402535
  • Status: Pending
  • Office
  • Size: 3,248 sq. ft.
Exceptionally well-maintained and profitable income property in downtown Middleton, Nova Scotia. The property consists of two prime street-level commercial spaces, and two residential 2nd floor rental units. All recent windows, doors, roof, siding, flooring, etc. All units on electric heat (with heat pump in Unit 19) and on separate meters. Good tenancy record. Town water/sewer. Deeded parking for 4 vehicles in neighbouring lot. This is a turn-key investment opportunity with guaranteed income from the outset. Excellent capitalization rate and room to grow.
Area:
Annapolis Valley
Location:
Annapolis County
City:
Middleton
Postal/Zip Code:
B0S 1P0
Commercial Street, Middleton
Listing Sub-Area:
Annapolis County
Property Type:
Commercial
Commercial Type:
Commercial Retail
Major Bus Type:
Office, Residential Units
Title To Land:
Freehold
Year built:
1942 (Age: 83)
Age:
82
Main Living Area:
Switch units of measure3,248 sq. ft.
Floor Area:
Switch units of measure3,248 sq. ft.
Prop Size:
0.5 to 0.99 Acres
Lot Size:
Switch units of measure2,535 sq. ft.
Zoning:
BD
Construction:
Wood Frame
New Constr.:
No
Parking:
Yes
Driveway:
Parking Spaces(s), Paved
Parking Description:
Deeded parking for 4 vehicles on neighbour lot
# Floors:
2
Floor Finish:
Wood, Other
Roof:
Asphalt Shingle
Heating:
Baseboard, Heat Pump -Ductless
Fuel:
Electric
Water Supply:
Municipal
Utilities:
Cable, Electrical, Municipal Water, Septic, Telephone
Lighting
Highway Access, Public Transportation, Shopping Nearby, Visual Exposure, High Traffic Location, Public Parking
Window Display
None
No
Rental Income:
Yes
Net Income:
$32,152.10
Gross Revenue:
$43,248
Total Expenses:
$11,095
Business Tax Payer:
Tenant
Property Taxes Payer:
Owner
Heating Payer:
Tenant
Hydro Payer:
Tenant
Water Payer:
Owner
Insurance Payer:
Owner
Structural Maintenance Payer:
Owner
Exterior Maintenance Payer:
Owner
Interior Maintenance Payer:
Tenant
Lease 1 - Type:
# Residential Units
Lease 1 - Net Rental Area:
812 sq ft
Lease 1 - Occupant:
residential unit 1
Lease 1 - Rental Rate:
1080/mo
Lease 2 - Type:
Office
Lease 2 - Net Rental Area:
1327 sq ft Commercial 1
Lease 2 - Occupant:
Sleep Therapeutics
Lease 2 - Rental Rate:
1565/mo HST-in
Lease 3 - Type:
Office
Lease 3 - Net Rental Area:
297 sq ft Commercial 2
Lease 3 - Occupant:
Illsley
Lease 3 - Rental Rate:
468/mo HST-in
Lease 4 - Net Rental Area:
812 sq ft
Lease 4 - Rental Rate:
770/mo
Lease 4 - Occupant:
residential unit 2
Possession Info:
Negotiable / Quick
Listed Date:
Days on Mkt:
Listed by RE/MAX Banner Real Estate
EXIT Realty Town & Country
Data was last updated April 27, 2025 at 09:20 PM (UTC)
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