191-193 Commercial Street, Berwick, (MLS® 202421022) RE/MAX nova
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191-193 Commercial Street, Berwick

0 0 7698 sqft
$795,000 For Sale

Description

An exciting investment opportunity, right in the downtown core of Berwick. Currently home to three busy enterprises, and one residential tenant, this 7000+ square foot building is ready for new owners to take possession and reap the reward of a well-maintained building, reliable tenants, and a proven income stream. 191-193 Commercial Street is currently leased by Tim Hortons and Saltzman’s Carpet & Tile; 134 Union Street is currently leased by Smokehouse Taproom. The 65’ by 135’ parking lot (separate PID), adds much value in an area where parking can be a challenge. Upgrades to various units within recent years include: a ventilation system, windows, siding, hot water tank, UV water treatment, decks, staircase to residential unit, and more. Berwick is one of the fastest growing towns in the Annapolis Valley. Its amenities attract retirees, young families, and new Canadians, alike. Easy access to Hwy 101, transit, excellent schools, medical facility, arena, and nearby golf course all add to the appeal for investors. Detailed leasing and financial information available to qualified buyers. Additional pictures coming next week

Listing Details

Address
191-193 Commercial Street, Berwick, B0P 1E0

Status
ACTIVE
Listing Price
$795,000
MLS®
202421022
Type
n/a
Style
---
Age
54
Square Footage (MLA)
7,698  ft2
Total Fin SqFt (TLA)
7,698  ft2
PID
55238968

Water
Drilled Well
Sewer
---
Utilities
Cable,Electrical,Sewer,Telephone

Building Specifications

Foundation Type
---
Roof
Rolled
Exterior Finish
---
Flooring
Concrete,See Remarks
RE/MAX Commercial

Garage & Parking

Garage
N
Details
---

Sales History

Demographic Data

Demographic data is based on the dissemination area that contains the listing parcel . Dissemination Areas are small areas composed of one or more neighbouring dissemination blocks. All of Canada is divided into dissemination areas. Data source: Environics Analytics via ArcGIS Online, 2021

Population Size

738

Median Age

53.6

Avg Household Size

2.0

Avg House Income

$72K

The number of people for each age range.

How the population of this area is expected to change.

The highest level of education obtained by people within this area.

The maritial status of the people in this area.

The average household income within this area.

The number of people that rent versus own.

When the buildings in the area were constructed.

The number of children at home for the given age ranges.

The occupations of the people living here.

Tax Assessment

Year Amount % Change
2024 $204,400 ---
2023 $186,300 ---
2022 $170,500 ---
2021 $166,700 ---
2020 $167,800 ---
2019 $164,800 ---
2018 $164,100 ---
2017 $163,300 ---
2016 $166,300 ---
2015 $170,600 ---
2014 $169,200 ---
2013 $166,600 ---
2012 $170,200 ---

Maps

Last Updated On: 11/28/2024 5:56:36 PM (UTC)