Primary photo of 52-62 Gerrish Street, Windsor
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Other For Sale

$875,000

MLS® Number: 202602489

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

Mortgage Calculator

20% ($175,000)
5.5%
25 Years

Estimated Monthly Payment

$4,299

Principal and interest only. Actual rates may vary.

Location & Map

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