$599,000

Incredible investment opportunity! Ideally located in the heart of St. Andrews tourist district, this mixed residential and commercial building is sure to be a solid addition to any portfolio. The commercial level on the ground floor had 2 leased spaces, one is a contemporary casual dining space that has been upgraded with modern and contemporary stylings, the other space is a retail store. On the upper floor there are four units, all of which have nearly 100% occupancy rates. There are three 2-bedroom units and one bachelor unit. Seasonal on-street parking and three off-street private parking spaces for tenants. Not only would you be getting a prime location, mixed usage building you would also own a piece of St. Andrews history, as the building was once a dance hall in the 1950s where the youth would gather and jitterbug across the original hardwood floors that remain in the building to this day! If the walls could talk they would chatter tales of Jail House Rock and A Whole Lotta Shaking Going on. Dont miss this unique and profitable investment, capitalize on this high traffic tourist location today! (id:31622)

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https://www.realtor.ca/real-estate/24576148/154-160-water-street-saint-andrews