52-62 Gerrish Street, Windsor, Nova Scotia

$875,000

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0.19

Acres

About 52-62 Gerrish Street

Well-positioned mixed-use investment property offering current income with exceptional development potential. Located in Windsor, one of the Annapolis Valleys fastest-growing communities. The main floor features two established commercial/retail units (approx. 3,000 sq ft), both currently occupied. A large front display window enhances visibility and street presence, making the retail/office space well-suited for a wide range of businesses. Unit 1 has a large open office/reception area, a washroom, 3 offices (one currently being used for storage, and a 4th large boardroom/office area. Unit 2 has a spacious reception area, two office spaces, and a washroom. Also on the main level, Unit 3 is a previously rented, currently undeveloped commercial/warehouse area with direct access from Stannus Street. This space includes multiple rooms and a kitchen area and offers excellent development potential. The second floor offers two, 2-bedroom residential apartments, with tenants responsible for their own heat/electricity. The entire third floor, approximately 2,000 square feet, remains undeveloped and presents a rare opportunity for expansion, such as additional residential units, subject to buyers plans and approvals. This property includes two PIDs, with the second PID comprising a parking lot accessible from Stannus Street, a valuable asset for both commercial and residential tenants. Situated in the center of town, with excellent exposure, this property is well-suited for investors seeking a combination of stable income, value-add potential, and long-term growth in a thriving Annapolis Valley community. (id:6289)

Retail property for sale in Windsor, Nova Scotia at 52-62 Gerrish Street.

Features of 52-62 Gerrish Street

Listing # 202602489
Price $875,000
Bathrooms 0.00
Acres 0.19
Year Built 1926
Type Retail

Community Information: Windsor

Address 52-62 Gerrish Street
Area Windsor
Subdivision Windsor
City Windsor
Province Nova Scotia
Postal Code B0N2T0

Amenities of 52-62 Gerrish Street

Amenities Public Transit, Shopping, Living Accommodation
Parking Parking Space(s), Paved Yard
Is Waterfront No
Has Pool No

Interior of 52-62 Gerrish Street

Heating Electric Baseboard heaters
Cooling Window air conditioner
Fireplace No
Has Basement No

Exterior of 52-62 Gerrish Street

Construction Concrete block, Masonry, Concrete Walls

Listing Details

OfficeExit Realty Town & Country

Listing Map

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