NEW! C $489,00; US +/-$382,000; € +/-324,000

High exposure, central location, and an ocean view of the front harbour has helped keep this property at 100% occupancy. Numerous upgrades in the last two years including new flooring, track lighting, a Panasonic heat pump, Marvin windows, cloud white interior painting, and a complete exterior paint change to Nova Scotia blue! There is a wonderful community of professional and service tenants including Bethany Hine Massage Therapy Clinic, Corrections Canada, Genius Properties (a mining company), Canadvac Travel Agency, Truepath Financial Consulting, Barapp Law Firm, and The Kayak Shack. This income building is currently 100% occupied with a gross annual income of $44,934. All tenants pay their own utilities, except for Corrections Canada and (the Kayak Shack which is owner operated). There is a common entrance hallway, a shared bathroom, and front/back decks. Many designated parking spots in front, and additional street parking on Water Street make client accessibility possible. One less thing to think about is the age of the roof, as a very well designed metal roof with snow guards was installed in 2001. A complete list of leases and financials can be supplied upon request, as long as a NDA is completed. In total, there are nine units comprising of 2598 square feet of rentable area available in the building. The adjacent lot and wharf is also for sale, and could complete the waterfront package. The seller is a licensed realtor.



Reference Number:

P-0337

Address:

106 Duke Street, Chester, Nova Scotia

MLS:

201801572

PID:

60091808

Directions:

From Halifax, take highway 103 to exit 7. Turn right to Chester, and follow to Duke Street, making a left. Follow Duke street to #106. Property is on your left.

Building Size:

3261 sq.ft. 

Dimensions: 50 X 42 + 43 X 27

Land Size:

7,2410 sq. ft. 

Building age: 79 years old

Flooring:

Wood

Roof:

Metal 

Construction:

Block, concrete, wood frame 

Building Amenities: Public washrooms, security system, ventilation system.

Fire Protection: Alarm, smoke detector. 

Water:

Drilled well

Heating:

Electric baseboard and ducted heat pump. 

Inclusions: Cleaning & washroom supplies, shovels, salt buckets, garbage bins, front hall furniture, vacuum & parts.

Exclusion: All tenant belongings.

 

Rental Type:           Net Rentable Area:         Rental Rate:        Occupant:                Lease Expiry:                                 

Office                                243                               $434.97             Bethany Hine             Jan 1st, 2019 

Office                                169                               $686.57            Corrections                 Feb 28th, 2021

Office                                320                               $423                 Genius Inc.                  Feb 28th, 2018

Office                                180                               $350                  Barrap Law Firm        March 15th, 2019                                                     

Office                                197                                $300                 Truepath Financial     Feb 1st, 2019

Office                                 1129                             $1250                Canadvac                    December 31th, 2020      

 

Please Contact Listing Agent: Call (902) 980-0522 or email piers@tfts.ca for a showing. 24 hours notice required to gain access. Corrections office access very limited, as it runs only one day a week.