93 & 99 North Street, Bridgewater

Description

Investment / Income property with desirable zoning, location and demographics to support a significant commercial development or a new multi-unit residential apartment / condo building with up to 3 floors and 21 units. These two adjacent apartment buildings, located on one of Bridgewater’s busiest streets, span a combined 31,677 square feet and offer four and six units; which are fully occupied and generate consistent revenue. Bridgewater, located less than an hour from Halifax and 70 minutes to Halifax Stanfield International Airport, is currently undergoing significant growth with escalating demands for both housing and commercial space. Close access to Hwy 103, one of the province’s main 100-series arteries, has allowed Bridgewater to evolve into a bedroom community, within commuting distance to work places in the Greater Halifax area. The town’s own economy is a diverse balance of manufacturing (Michelin), finance, retail, technology, and the creative industries. Home to over 68,000 people within its immediate trade area, and with 25,000+ vehicles on the road every day, the town’s functional daytime population effectively triples. Walking distance to the South Shore Regional Hospital, downtown amenities and the riverfront. This property’s Urban Commercial Zoning (C3), highly valued due to its flexibility, is only offered in a very select region of Bridgewater. Please note that inside pictures of some of the units are included for reference; taken when the units were vacant.