ATTENTION DEVELOPERS! Excellent opportunity to develop a multi-residential complex in a prime location where additional housing is in high demand. Architectural drawings in place to accommodate up to 72 units on this 1.81 acre multi-residential zoned property with ample parking spaces. Current plans take into account new requirements for barrier-free access. Fully serviced with municipal sewer, water and high-speed fibre-op internet available. Existing building is in excellent condition; structurally sound, clean and with a serviceable roof. Ideally situated in the center of town within walking distance to all amenities in Bridgetown, including eateries, grocery store, library, arena, pool, new sports hub & school, public Annapolis River access at nearby Jubilee Park, and the Annapolis Rail Trail. Note: photo renderings of the one-storey building is a repurposing of existing structure and renderings of the 3-storey buildings are concepts for new builds on the property.
Listing Sub-Area:
Annapolis County
Property Type:
Multi-Family
Multi-Family Type:
Over 12 Units
Title To Land:
Freehold
Building Dimenions:
16,800 sq ft
Outside Dimenions:
16,800 sq ft
Lot Size:
1.812 acre(s)0.733 hectare(s)
Prop Size:
1 to 2.99 Acres
# of Rental Units / Occupied:
0
Year built:
1961
(Age: 63)
Age:
63
Exterior Finish:
Brick
Foundation:
Slab
Basement:
None
Floor Finish:
Tile, Vinyl
Roof:
Rolled
Heating:
Hot Water
Fuel:
Oil
Parking:
Yes
Parking Description:
Parking spaces
Driveway:
Parking Spaces(s), Paved
Water Supply:
Municipal
Sewer:
Municipal
Num Units:
72
Rental Income:
Potential
Public Transit, Shopping, Marina, Place of Worship
Data was last updated October 5, 2024 at 09:20 AM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$642,450
Min list price:
$245,000
Max list price:
$1,275,000
Avg days on market:
52
Min days on market:
4
Max days on market:
151
These statistics are generated based on the current listing's property type
and located in
Annapolis County. Average values are
derived using median calculations.