324 St. George Street, Annapolis Royal, (MLS® 202415884) RE/MAX nova
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324 St. George Street, Annapolis Royal

0 0 0 sqft
$1,275,000 For Sale

Description

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.

Listing Details

Address
324 St. George Street, Annapolis Royal, B0S 1A0

Status
ACTIVE
Listing Price
$1,275,000
MLS®
202415884
Type
n/a
Style
---
Age
102
PID
05002415

Water
Municipal
Sewer
Municipal
Utilities
---

Building Specifications

Foundation Type
Concrete,Stone
Roof
Rolled
Exterior Finish
Wood Siding
Flooring
Hardwood,Vinyl

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Garage & Parking

Garage
Y
Details
Attached Single

Inclusions & Exclusions

Inclusions
Appliances in all units (FSWD x5, DW x1)

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

488

Median Age

64.2

Avg Household Size

1.6

Avg House Income

$67K

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 $334,300 ---
2023 $319,900 ---
2022 $297,300 ---
2021 $311,000 ---
2020 $341,300 ---
2019 $315,200 ---
2018 $209,700 ---
2017 $212,600 ---
2016 $225,200 ---
2015 $225,700 ---
2014 $447,000 ---
2013 $219,100 ---
2012 $214,700 ---

Maps

Mortgage Inquiries

Last Updated On: 7/5/2024 2:21:37 PM (UTC)