21 Queen Street

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:56844)