52-62 Gerrish Street, Windsor, NS (MLS® 202602489)
52-62 Gerrish Street, Windsor, NS, B0N 2T0
MLS® # 202602489
$875,000
52-62 Gerrish Street, Windsor, NS (MLS® 202602489): Well-positioned mixed-use investment property offering current income with exceptional development potential. Located in Windsor, one of the Annapolis Valley’s 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 buyer’s 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.
Directions to 52-62 Gerrish Street, Windsor, NS (MLS® 202602489): Exit 6 off Hwy 101, right on Upper Water St, left on Gerrish St to civic on RHS
Listing Courtesy of: Exit Realty Town & Country
Inclusions: 2 Stoves, 2 Fridges, 2 portable Air Conditioners
Utilities
Demographics for 52-62 Gerrish Street, Windsor, NS (MLS® 202602489)
Census Year: 2016
- Subdivision Name: West Hants
- Division Name: Hants
- Region Name: Annapolis Valley
- Population Count: 521
- Private Dwellings Count: 275
- Land Area: 0.23 Km2