272-274 St George & 59-61 St James Street
Annapolis County Annapolis Royal B0S 1A0

$799,000
Commercial

Main Photo: 272-274 St George & 59-61 St James Street in Annapolis Royal: Annapolis County Commercial  (Annapolis Valley)  : MLS®# 202301090
Photo 1: 272-274 St George & 59-61 St James Street in Annapolis Royal: Annapolis County Commercial  (Annapolis Valley)  : MLS®# 202301090
Photo 2: 272-274 St George & 59-61 St James Street in Annapolis Royal: Annapolis County Commercial  (Annapolis Valley)  : MLS®# 202301090
Photo 3: 272-274 St George & 59-61 St James Street in Annapolis Royal: Annapolis County Commercial  (Annapolis Valley)  : MLS®# 202301090
Photo 4: 272-274 St George & 59-61 St James Street in Annapolis Royal: Annapolis County Commercial  (Annapolis Valley)  : MLS®# 202301090
Photo 5: 272-274 St George & 59-61 St James Street in Annapolis Royal: Annapolis County Commercial  (Annapolis Valley)  : MLS®# 202301090
Photo 6: 272-274 St George & 59-61 St James Street in Annapolis Royal: Annapolis County Commercial  (Annapolis Valley)  : MLS®# 202301090
Photo 7: 272-274 St George & 59-61 St James Street in Annapolis Royal: Annapolis County Commercial  (Annapolis Valley)  : MLS®# 202301090
Photo 8: 272-274 St George & 59-61 St James Street in Annapolis Royal: Annapolis County Commercial  (Annapolis Valley)  : MLS®# 202301090
Photo 9: 272-274 St George & 59-61 St James Street in Annapolis Royal: Annapolis County Commercial  (Annapolis Valley)  : MLS®# 202301090
Photo 10: 272-274 St George & 59-61 St James Street in Annapolis Royal: Annapolis County Commercial  (Annapolis Valley)  : MLS®# 202301090
Photo 11: 272-274 St George & 59-61 St James Street in Annapolis Royal: Annapolis County Commercial  (Annapolis Valley)  : MLS®# 202301090
Photo 12: 272-274 St George & 59-61 St James Street in Annapolis Royal: Annapolis County Commercial  (Annapolis Valley)  : MLS®# 202301090
Photo 13: 272-274 St George & 59-61 St James Street in Annapolis Royal: Annapolis County Commercial  (Annapolis Valley)  : MLS®# 202301090
Photo 14: 272-274 St George & 59-61 St James Street in Annapolis Royal: Annapolis County Commercial  (Annapolis Valley)  : MLS®# 202301090
Photo 15: 272-274 St George & 59-61 St James Street in Annapolis Royal: Annapolis County Commercial  (Annapolis Valley)  : MLS®# 202301090
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Photo 22: 272-274 St George & 59-61 St James Street in Annapolis Royal: Annapolis County Commercial  (Annapolis Valley)  : MLS®# 202301090
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Photo 24: 272-274 St George & 59-61 St James Street in Annapolis Royal: Annapolis County Commercial  (Annapolis Valley)  : MLS®# 202301090
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Photo 30: 272-274 St George & 59-61 St James Street in Annapolis Royal: Annapolis County Commercial  (Annapolis Valley)  : MLS®# 202301090
Photo 31: 272-274 St George & 59-61 St James Street in Annapolis Royal: Annapolis County Commercial  (Annapolis Valley)  : MLS®# 202301090
Photo 32: 272-274 St George & 59-61 St James Street in Annapolis Royal: Annapolis County Commercial  (Annapolis Valley)  : MLS®# 202301090
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Photo 34: 272-274 St George & 59-61 St James Street in Annapolis Royal: Annapolis County Commercial  (Annapolis Valley)  : MLS®# 202301090
Status:
Active
Prop. Type:
Commercial
MLS® Num:
202301090
Bus Major:
Office
Excellent commercial/residential investment opportunity in the "most livable small town in the world" (2004 international competition endorsed by the United Nations). This iconic brick facade building is home to the Bistro East restaurant - an established local favourite for 15 years. Prime location on Saint George Street with beautiful water views, sunsets, ample public parking and the newly built amphitheatre directly across the street. Tourists from all over the world stroll by this building while exploring the sights of historic Annapolis Royal and its vibrant arts community, museums and rich culture. The town is host to numerous festivals, parades and shindigs throughout the year as well as a weekly lively Farmer's Market that draws folks from near and far. Being offered as a turn-key business all restaurant equipment/chattels, branding and goodwill is included; fire up the oven and get cookin'! In addition, a small commercial space (ground level, separate entrance) has been rented for many years. A fresh and bright 2 bedroom apartment on the upper floor, with water views and hardwood floors throughout, is also currently rented. Two more 1 bedroom apartments on the upper level (in need of some renovation) could be ideal for staff accommodations, be converted into a 2 bedroom apartment, or even be easily combined with the rest of the upper level for a grand living space. Dream big and run your own successful business while living upstairs or rent all 5 units - several options to suit your needs. Easy basement access with expansive storage, concrete foundation, roof in great shape, municipal water/sewer, recent exterior paint, electrical upgrades (3-phase), and ductless heat-pumps for the restaurant. The main commercial space is also wheelchair accessible. This is prime real estate in a prime location.
Listing Sub-Area:
Annapolis County
Property Type:
Commercial
Commercial Type:
Business
Major Bus Type:
Office, Residential Units, Restaurant
Title To Land:
Freehold
Year built:
1930 (Age: 93)
Age:
93
Main Living Area:
3,584 sq. ft.
Floor Area:
3,584 sq. ft.
Building Dimenions:
64x36
Prop Size:
Under 0.5 Acres
Outside Dimenions:
64x36
Zoning:
CG
Construction:
Brick, Concrete
New Constr.:
No
Parking:
Yes
Driveway:
Gravel, Parking Spaces(s)
Parking Description:
2 parking spaces at rear
Floor Finish:
Other, Wood
Roof:
Other
Heating:
Heat Pump -Ductless, Hot Water, Radiator
Fuel:
Electric, Oil
Water Supply:
Municipal
Utilities:
Cable, Electrical, Municipal Water, Sewer, Telephone
Public Transportation, Shopping Nearby, Visual Exposure, High Traffic Location, Public Parking
All appliances, restaurant equipment
None
No
View: Bay
Rental Income:
Yes
Business Tax Payer:
Owner
Property Taxes Payer:
Owner
Heating Payer:
Owner
Hydro Payer:
Owner
Water Payer:
Owner
Structural Maintenance Payer:
Owner
Exterior Maintenance Payer:
Owner
Interior Maintenance Payer:
Owner
Lease 1 - Type:
Office
Lease 1 - Net Rental Area:
460.00
Lease 2 - Type:
# Residential Units
Lease 2 - Net Rental Area:
900.00
Lease 3 - Type:
# Residential Units
Lease 3 - Net Rental Area:
450.00
Lease 4 - Type:
# Residential Units
Lease 4 - Net Rental Area:
450.00
Lease 5 - Type:
Retail
Lease 5 - Net Rental Area:
1500.00
Possession Info:
Closing
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Listed by RE/MAX Banner Real Estate
Data was last updated February 6, 2023 at 11:20 PM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$339,450
Min list price:
$50,000
Max list price:
$1,240,000
Avg days on market:
270
Min days on market:
4
Max days on market:
637
Avg price per sq.ft.:
$179.53
These statistics are generated based on the current listing's property type and located in Annapolis Valley. Average values are derived using median calculations.