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324 St George St

St George StAnnapolis RoyalNS, B0S 1K0

-
Baths
$1,275,000
List Price
324 St George St, Annapolis Royal, NS - 1 of 3
324 St George St, Annapolis Royal, NS - 2 of 3
324 St George St, Annapolis Royal, NS - 3 of 3
176 days on market

Quick Summary

  • Exceptional investment property with historic charm
  • Comprises 3 high-traffic commercial units and 5 apartments
  • Recently updated with vinyl windows and fresh paint
  • Portion of roof recently replaced for durability
  • High ceilings and superior construction with meticulous maintenance
  • Commercial units feature efficient heat pumps
  • Established history of excellent tenants and robust rental performance
  • Strategic location leveraging local and tourist traffic

Nestled in the heart of downtown Annapolis Royal, directly across from the renowned Fort Anne National Historic Site, this exceptional investment property seamlessly blends historic charm with modern efficiency. The building comprises three ground-level, high-traffic commercial units that enjoy steady footfall from the bustling tourist... Show More

Nestled in the heart of downtown Annapolis Royal, directly across from the renowned Fort Anne National Historic Site, this exceptional investment property seamlessly blends historic charm with modern efficiency. The building comprises three ground-level, high-traffic commercial units that enjoy steady footfall from the bustling tourist scene, along with a convenient ground-level apartment, four spacious second-level apartments, and a well-organized self-storage facility in the basement. Recently updated with all vinyl windows and fresh exterior paint, the property exudes curb appeal while ensuring energy efficiency and low maintenance. A portion of the roof has also been recently replaced, adding to the overall durability and upkeep of the building. Inside, high ceilings and superior construction are complemented by meticulous maintenance. Each unit features separate power meters, facilitating straightforward management and billing. The commercial units are further enhanced with modern heat pumps, offering efficient heating and cooling solutions. Boasting an established history of excellent tenants and robust rental performance, this property represents a rare opportunity for investors seeking a turn-key operation with solid financials from day one. Whether you aim to expand your portfolio or secure a prime piece of Annapolis Royal real estate, this property promises consistent returns and a strategic location that leverages both local and tourist traffic. (id:54626)

Property Details

Build

Year Built
1922
Model Name
-
Exterior
-
Builder Name
-
Floors
-
Flooring
Hardwood, Vinyl

Heating & Cooling

Heating
-
Cooling
Air Conditioned, Heat Pump

Utilities

Water
Municipal water
Sewer
Municipal sewage system

Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
202415884
Last Updated
August 7, 2024
Brokerage
RE/MAX Banner Real Estate
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