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21 Queen Street Bridgetown, Nova Scotia B0S 1C0

Heat Pump

$429,000

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:24625)

Business

Business Type Retail and Wholesale, Residential
Business Sub Type Shopping center, Residential

Property Details

MLS® Number 202505120
Property Type Retail
Community Name Bridgetown
Amenities Near By Public Transit, Shopping
Community Features High Traffic Area

Building

Amenities Air Conditioning, Living Accommodation
Constructed Date 1901
Construction Material Masonry, Wood Frame
Cooling Type Heat Pump
Fireplace Present No
Flooring Type Other
Total Finished Area 4560 Sqft
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit, Shopping
Size Irregular 0.1236
Size Total 0.1236 Ac
Size Total Text 0.1236 Ac

https://www.realtor.ca/real-estate/28037594/21-queen-street-bridgetown-bridgetown

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