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101 Water Street, Digby, NS, B0V 1A0

MLS® # 202419510
Commercial For Sale In Digby, Nova Scotia
$459,000
101 Water Street, Digby, NS
101 Water Street, Digby, NS
101 Water Street, Digby, NS
101 Water Street, Digby, NS
101 Water Street, Digby, NS
101 Water Street, Digby, NS
101 Water Street, Digby, NS, B0V 1A0
$459,000

Property Information:

Attention Investors! Presenting a unique opportunity at 101 Water Street, nestled in the heart of Digby's bustling downtown corridor. This versatile commercial property offers both prime retail space and attractive residential units, making it a smart acquisition for the discerning portfolio. Spanning 0.296 acres, the ground floor is dedicated to commercial activity, featuring an inviting window display space perfect for attracting high street footfall. The high-traffic area and great visibility are complemented by ample parking options, including public street parking and a dedicated rear lot for up to 15 vehicles. Above the commercial hub, the second-floor houses two apartments: a front residence that has been tastefully renovated, marrying modern comforts with classic charm. The property boasts a total of 3 bedrooms and 2.5 bathrooms across the residential and commercial spaces, ensuring ample accommodation for tenants. The heating is thoughtfully segmented, with electric baseboard heating in the apartments and a heat pump serving the commercial area, ensuring efficiency and comfort. An additional electric furnace resides in the basement, ready to be connected for forced air heat throughout the commercial space. Some storage space for commercial inventory adds to the practicality of the property. Whether you're looking to diversify with a blend of retail and residential income streams or seeking a footprint in a vibrant locale, 101 Water Street stands out as an investment ripe with potential. With tenants already in place, this property is not just a purchase but an immediate asset in the waterfront area of Digby.

Property Features:

  • Building Amenities: Air Conditioning, Living Accommodations, Window Display, Air Conditioning, Living Accommodations, Window Display
  • Building Features: Lighting
  • Built in: Y
  • Construction: Wood Frame
  • Documents on File: LRIS Map
  • Driveway/Parking: Gravel, Parking Spaces(s), Paved, Single
  • Fire Protection: Smoke Detector
  • Floor Space (approx): 2700 Square Feet
  • Flooring: Wood
  • Fuel Type: Electric
  • Heating/Cooling Type: Baseboard, Forced Air, Furnace, Heat Pump -Ductless
  • Property Size: Under 0.5 Acres
  • Rental Equipment: None
  • Roof: Asphalt Shingle
  • Site Influences: Public Transportation, Shopping Nearby, Visual Exposure, High Traffic Location, Public Parking, Public Transportation, Shopping Nearby, Visual Exposure, High Traffic Location, Public Parking
  • Sub-type: Other
  • Title to Land: Freehold
  • Utilities: Electrical, Municipal Water, Sewer, Telephone
  • Water Source: Municipal

Courtesy of: Engel & Volkers (Annapolis Royal)

Data provided by: Nova Scotia Association of REALTORS® 68 Highfield Park Drive, Suite 112, Dartmouth, Nova Scotia B3A 0E4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 101 Water Street, Digby, NS, B0V 1A0

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

39 hot days expected in 2050

Projected Precipitation Risk: High

13 storms expected in 2050

Projected Heat Risk: Moderate

39 hot days expected in 2050

49/100

Moderate

ClimateCheck®

Current data

This property, 101 Water Street , experiences 7 hot days per year at around 25.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 39 hot days at 29 degrees Celsius.

Projected Avg. Temperature

Past
25.9℃
2050
29℃

# Hot Days Per Year

Past
7
2050
39

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

13 storms expected in 2050

81/100

High

ClimateCheck®

Current data

This property, 101 Water Street , experiences 11 significant 2-day storms per year, with about 429mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 543.2mm of precipitation per year.

Precipitation Per Storm

Past
429mm
2050
543.2mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 101 Water Street, Digby, NS, B0V 1A0

Life Stage

Families with Tweens

Employment Type

Mixed

Average Household Income

$78,825.69

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

31.73 %

High school certificate or equivalent

31.57 %

Apprenticeship trade certificate/diploma

6.93 %

College/non-university certificate

16.63 %

University Degree

13.14 %

Commuter

Travel To Work

By Car

79.85 %

By Public Transit

4.0 %

By Walking

16.15 %

By Bicycle

0.0 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

33.82 %

Houses

66.18 %

Own Vs. Rent