Rob Schellenberger
RE/MAX Banner Real Estate
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- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- 202402535
- Bus Major:
- Office
- Photos (21)
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Exceptionally well-maintained and profitable income property in downtown Middleton, Nova Scotia. The property consists of two prime street-level commercial spaces, and two residential 2nd floor rental units. All recent windows, doors, roof, siding, flooring, etc. All units on electric heat (with heat pump in Unit 19) and on separate meters. Good tenancy record. Town water/sewer. Deeded parking for 4 vehicles in neighbouring lot. This is a turn-key investment opportunity with guaranteed income from the outset. Excellent capitalization rate and room to grow.
- Listing Sub-Area:
- Annapolis County
- Property Type:
- Commercial
- Commercial Type:
- Industrial
- Major Bus Type:
- Office, Residential Units
- Title To Land:
- Freehold
- Year built:
- 1942 (Age: 82)
- Age:
- 82
- Main Living Area:
- 3,248 sq. ft.
- Floor Area:
- 3,248 sq. ft.
- Prop Size:
- 0.5 to 0.99 Acres
- Lot Size:
- 2,535.192 sq. ft.
- Zoning:
- BD
- Construction:
- Wood Frame
- New Constr.:
- No
- Parking:
- Yes
- Driveway:
- Parking Spaces(s), Paved
- Parking Description:
- Deeded parking for 4 vehicles on neighbour lot
- # Floors:
- 2
- Floor Finish:
- Wood, Other
- Roof:
- Asphalt Shingle
- Heating:
- Baseboard, Heat Pump -Ductless
- Fuel:
- Electric
- Water Supply:
- Municipal
- Utilities:
- Cable, Electrical, Municipal Water, Septic, Telephone
- Lighting
- Highway Access, Public Transportation, Shopping Nearby, Visual Exposure, High Traffic Location, Public Parking
- Window Display
- None
- No
- Rental Income:
- Yes
- Net Income:
- $32,152.10
- Gross Revenue:
- $43,248
- Total Expenses:
- $11,095
- Business Tax Payer:
- Tenant
- Property Taxes Payer:
- Owner
- Heating Payer:
- Tenant
- Hydro Payer:
- Tenant
- Water Payer:
- Owner
- Insurance Payer:
- Owner
- Structural Maintenance Payer:
- Owner
- Exterior Maintenance Payer:
- Owner
- Interior Maintenance Payer:
- Tenant
- Lease 1 - Type:
- # Residential Units
- Lease 1 - Net Rental Area:
- 1624 sq ft
- Lease 1 - Occupant:
- 2 residential units
- Lease 1 - Rental Rate:
- $1,790/mo
- Lease 2 - Type:
- Office
- Lease 2 - Net Rental Area:
- 1327 sq ft Commercial 1
- Lease 2 - Occupant:
- Sleep Therapeutics
- Lease 2 - Rental Rate:
- $1,364/mo
- Lease 3 - Type:
- Office
- Lease 3 - Net Rental Area:
- 297 sq ft Commercial 2
- Lease 3 - Occupant:
- Illsley
- Lease 3 - Rental Rate:
- $450
- Possession Info:
- Negotiable / Quick
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Listed by RE/MAX Banner Real Estate
Data was last updated October 5, 2024 at 11:20 AM (UTC)
- ROB SCHELLENBERGER
- RE/MAX Banner Real Estate
- 1 (902) 300-8674
- rob@robschellenberger.ca
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Contact Me
Cell: 902.300.8674
Office: 902.765.2222
rob@robschellenberger.ca
Head Office
962 Central Ave
Greenwood, NS, B0P 1N0