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108 Montague Row
Digby County Digby B0V 1A0

$575,000
Commercial

Main Photo: 108 Montague Row in Digby: Digby County Commercial  (Annapolis Valley)  : MLS®# 202226488
Photo 1: 108 Montague Row in Digby: Digby County Commercial  (Annapolis Valley)  : MLS®# 202226488
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
202226488
Bus Major:
Office
Turnkey operation with many recent upgrades. This waterfront multi-unit has so much potential. There is currently a thriving hair salon on the main level and a separate office which is rented year round. Upstairs are two nicely renovated spacious apartments, a one and a two bedroom. With views of the Annapolis Basin, fresh paint and spotless laminate floors, one of these cozy apartments would be a lovely place to call home while enjoying the income from the other units. Upgrades to the building over the last 5 years include new windows and updated electrical including heat pumps and new fixtures with LED lights, insulation and a new roof, shingled in 2019. There is a second lot also with water frontage beside the building included in the sale. Located in downtown Digby by the summer Farmer's Market, tourist bureau and near restaurants and tourist attractions, the multi-unit is well placed for business traffic and the lot has plenty of potential to be sold or developed.
Listing Sub-Area:
Digby County
Property Type:
Commercial
Commercial Type:
Business
Major Bus Type:
Office, Residential Units, Salon
Title To Land:
Freehold
Property Known As / Body of Water:
Annapolis Basin
Main Living Area:
3,264 sq. ft.
Floor Area:
3,264 sq. ft.
Prop Size:
Under 0.5 Acres
Lot Size:
12,767.436 sq. ft.
Outside Dimenions:
30'8x34'10
Zoning:
Commercial
Construction:
Wood Frame
Parking:
Yes
Driveway:
Gravel, Parking Spaces(s)
Parking Description:
Parking to right of building
Floor Finish:
Other
Roof:
Asphalt Shingle
Heating:
Baseboard, Heat Pump -Ductless, Ductless Cooling
Fuel:
Electric
Fire Protection:
Smoke Detector
Water Supply:
Municipal
Utilities:
Electrical, Municipal Water, Sewer, Telephone
Lighting
Cleared, Public Transportation, Shopping Nearby, Visual Exposure, Waterfront, High Traffic Location
Laundry Facilities
Salon Equipment
personal items, personal supplies(salon)
None
Ocean
Yes
90'
Access: Harbour, Access: Ocean, View: Bay, View: Ocean
Assessment:
156800.0
Assessment Year:
2022
Rental Income:
Yes
Net Income:
22681.02
Gross Revenue:
36100
Total Expenses:
13418.98
Business Tax Payer:
Owner
Property Taxes Payer:
Owner
Heating Payer:
Owner
Hydro Payer:
Owner
Water Payer:
Owner
Insurance Payer:
Owner
Structural Maintenance Payer:
Owner
Exterior Maintenance Payer:
Owner
Interior Maintenance Payer:
Owner
Lease 1 - Type:
Other
Lease 1 - Net Rental Area:
Hair Salon 492
Lease 1 - Expiration Date:
none
Lease 1 - Occupant:
owner
Lease 1 - Rental Rate:
800/month
Lease 2 - Type:
Office
Lease 2 - Net Rental Area:
178
Lease 2 - Expiration Date:
none
Lease 2 - Occupant:
tenant
Lease 2 - Rental Rate:
400/month
Lease 3 - Type:
# Residential Units
Lease 3 - Net Rental Area:
#2 860
Lease 3 - Expiration Date:
none
Lease 3 - Occupant:
tenant
Lease 3 - Rental Rate:
800/month
Lease 4 - Type:
# Residential Units
Lease 4 - Net Rental Area:
#3 466
Lease 4 - Expiration Date:
none
Lease 4 - Rental Rate:
800/month
Lease 4 - Occupant:
tenant
Lease 5 - Type:
Other
Lease 5 - Net Rental Area:
Outside space
Lease 5 - Rental Rate:
2500/year
Possession Info:
On closing
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    Newly installed laminate flooring and moldings.
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Listed by RE/MAX Banner Real Estate
Data was last updated April 19, 2024 at 09:20 AM (UTC)

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