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$ 409,000
Est. payment | /mo
5,384 Sqft Lot
$ 409,000
Est. payment | /mo
5,384 Sqft Lot
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Bridgetown
MLS® Listing ID 202505120
Year Built 1901
Lot Size 5,384 Sqft
Acres 0.1236
Property Sub-Type Freehold
Source Nova Scotia Association of REALTORS®
Property Description
The historic Shafner Building (1901) offers a prime investment opportunity in downtown Bridgetown with both commercial and residential income potential. Exceptional curb appeal in a high-traffic location, this would make a perfect location for many different businesses. The property features over 2000 sq ft of freshly renovated main floor retail space, complete with staff room, washroom, and storage area. Currently leased to Elections Canada (vacating Summer 2025), the versatile space suits various business ventures. Four apartments on the upper floor generate steady monthly income of $3,450, with room for improvement as tenants vacate. The building has undergone extensive restoration, gutted to exterior walls and completely rebuilt with all new systems and energy-efficient heat pumps. Half the roof is new with remaining materials included at closing. Some exterior brickwork requires correction (estimated at $20K, reflected in asking price). Additional features include a 16' x 22' storage building, on-site parking, and an adjoining public parking lot. This landmark property combines Bridgetown history with immediate income and minimal maintenance concerns. (id:24570)
Location
Province NS
Rooms
Kitchen 0.0
Interior
Cooling Heat Pump
Flooring Other
Exterior
Parking Features No
Community Features High Traffic Area
View Y/N No
Private Pool No
Others
Ownership Freehold
Listed by RE/MAX Banner Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
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