41 Water Street
107-Trenton, Westville, Pictou Pictou B0K 1H0

$469,000
Commercial

Front on Water Street
Photo 1: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
Photo 2: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
Photo 3: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
Photo 4: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
Photo 5: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
Photo 6: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
Photo 7: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
Photo 8: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
Photo 9: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
Photo 10: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
Photo 11: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
Photo 12: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
Photo 13: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
Photo 14: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
Photo 15: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
Photo 16: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
Photo 17: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
Photo 18: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
Photo 19: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
Photo 20: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
Photo 21: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
Photo 22: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
Photo 23: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
Photo 24: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
Photo 25: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
Photo 26: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
Photo 27: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
Photo 28: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
Status:
Active
Prop. Type:
Commercial
MLS® Num:
202217806
Bus Major:
Office
If you have been looking for an investment property that is loaded with opportunity, this could be just what you’ve been looking for. Located in the heart of the historic Harbour town of Pictou “The Palace” was built in 1905 and was the home to live theatre and silent films. There have been many updates and changes over the years but some of the original architectural features and paintings remain. The street level store front has large windows and provides a perfect location for the art gallery it currently houses further down the hallway there are two office rentals as well as the Stone Soup Café which has a deck with a view out onto Pictou Harbour. A stairway at the front and one at the rear of the building provides access to a large opened space on the second floor which features the original stage arch. The possibilities for this area are limited only by your imagination. The one bedroom apartment is on the first floor. Access to the lower level is located at the rear of the building and contains another apartment. Don’t miss out on this unique, one of a kind property.
Listing Sub-Area:
107-Trenton, Westville, Pictou
Property Type:
Commercial
Commercial Type:
Commercial Retail
Major Bus Type:
Office, Other, Residential Units, Restaurant
Title To Land:
Freehold
Lease Type:
Gross
Year built:
1905 (Age: 117)
Age:
117
Main Living Area:
8,000 sq. ft.
Floor Area:
9,000 sq. ft.
Building Dimenions:
30 x 100
Prop Size:
Under 0.5 Acres
Lot Size:
7,405.2 sq. ft.
Outside Dimenions:
30 x 100
Zoning:
C1
Construction:
Wood Frame
Parking:
Yes
Driveway:
Other
Parking Description:
Public parking along Water Street and parking lot in back of building
# Floors:
3
Floor Finish:
Wood
Roof:
Metal
Heating:
Forced Air, Furnace, Heat Pump -Ductless, Ductless Cooling
Fuel:
Electric, Oil
Fire Protection:
Alarm, Smoke Detector, Sprinkler
Water Supply:
Municipal
Utilities:
Cable, Electrical, Municipal Water, Telephone
Lighting
Cleared, Shopping Nearby, Visual Exposure, Public Parking
Air Conditioning, Living Accommodations, Public Washrooms, Recreational Area, Window Display
None
No
View: Harbour
LRIS
Rental Income:
Yes
Net Income:
$34,913.30
Gross Revenue:
$52,560.00
Betterment Charges:
Deed transfer tax
Total Expenses:
$17,646.70
Business Tax Payer:
Owner
Property Taxes Payer:
Owner
Heating Payer:
Owner
Hydro Payer:
Tenant
Water Payer:
Owner
Insurance Payer:
Owner
Structural Maintenance Payer:
Owner
Exterior Maintenance Payer:
Owner
Interior Maintenance Payer:
Owner
Lease 1 - Type:
Retail
Lease 1 - Occupant:
Art Gallery
Lease 1 - Rental Rate:
$500/month + HST
Lease 2 - Type:
Office
Lease 2 - Occupant:
Office
Lease 2 - Rental Rate:
$500/month + HST
Lease 3 - Type:
# Residential Units
Lease 3 - Occupant:
1 bedroom apartment, upstairs
Lease 3 - Rental Rate:
$600/month
Lease 4 - Type:
# Residential Units
Lease 4 - Rental Rate:
$550/month
Lease 4 - Occupant:
downstairs apartment
Lease 5 - Type:
Other
Lease 5 - Occupant:
Stone Soup Cafe+Catering
Lease 5 - Rental Rate:
$1480/month + HST
Lease 6 - Type:
Office
Lease 6 - Rental Rate:
$525/month + HST
Lease 6 - Occupant:
Esthetician
Possession Info:
Negotiable
  • Photo 1: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
    Front on Water Street
  • Photo 2: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
    Rear facing parking lot
  • Photo 3: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
    Patio and kiosk
  • Photo 4: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
    Patio for restaurant
  • Photo 5: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
    harbour view dining
  • Photo 6: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
    Cafe
  • Photo 7: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
    Cafe/Restaurant
  • Photo 8: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
    30 seat restaurant
  • Photo 9: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
    counter
  • Photo 10: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
    Dining room
  • Photo 11: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
    dessert and beverage counter
  • Photo 12: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
    Public washrooms
  • Photo 13: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
    office space
  • Photo 14: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
    art gallery
  • Photo 15: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
    main level store front
  • Photo 16: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
    stairs to apartment and palace
  • Photo 17: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
    palace (upstairs)
  • Photo 18: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
    palace
  • Photo 19: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
    Palace currently youth center
  • Photo 20: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
    view from upstairs
  • Photo 21: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
    lower level
  • Photo 22: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
    lower level
  • Photo 23: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
    apartment
  • Photo 24: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
    apartment
  • Photo 25: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
    Bathroom in apartment
  • Photo 26: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
    Apartment
  • Photo 27: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
    Patio for outside dining
  • Photo 28: 41 Water Street in Pictou: 107-Trenton, Westville, Pictou Commercial  (Northern Region)  : MLS®# 202217806
    Photo 28 of 28
Listed by HLM Realties Ltd.
Data was last updated October 5, 2022 at 01:20 AM (UTC)