
Other For Sale
$875,000
MLS® Number: 202602489
Land Size
0.194
Year Built
1926
Other For Sale
$875,000
Land Size
0.194
Year Built
1926
52-62 Gerrish Street, Windsor, Nova Scotia
About This Property
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.
Property Details
Interior Details
Cooling
Window air conditioner
Flooring
Concrete
Building & Exterior
Building Features
Living Accommodation
Parking Features
Paved Yard, Parking Space(s)
Year Built
1926
Land & Location
City Region
Windsor
Community Features
High Traffic Area
Lot Size Area
0.194 acres
Lot Size Dimensions
0.194
Parcel Number
45057445
Postal Code
B0N2T0
Listing & Financials
Listing Office
Exit Realty Town & Country
Originating System Name
Nova Scotia Association of REALTORS®
Other Specifications
Common Interest
Freehold
Country
Canada
Listed By
Exit Realty Town & Country
Mortgage Calculator
Estimated Monthly Payment
$4,299
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$4,299
Principal and interest only. Actual rates may vary.