272-274 St George & 59-61 St James Street, ANNAPOLIS ROYAL

2025-05-30
 

Quick Summary

Location
272-274 St George & 59-61 St James Street, ANNAPOLIS ROYAL, Nova Scotia B0S1A0
Price
$799,000 CAD
Status:
For Sale
Property Type:
Business
Year of Construction:
1932

MLS®#202512800

Property Description

Outstanding Commercial & Residential Investment Opportunity! A FIVE unit iconic brick-front property offering a rare chance to own a piece of prime real estate located in the heart of Annapolis Royal. Home to Bistro East, a beloved local restaurant with a strong reputation and positioned on sought-after Saint George Street, this property boasts stunning water views, breathtaking sunsets, and easy access to ample public parking. This property is being offered as a turn-key opportunity, including all restaurant equipment, branding, and goodwill. Just step in and start serving! Beyond the restaurant, the building also includes a separate ground-level commercial space currently leased long-term, PLUS a bright and spacious 3-bedroom apartment on the upper floor featuring water views and hardwood floors and is currently rented per bedroom with shared common spaces, PLUS two additional 1-bedroom units upstairs which offer potential for expansion into a grand residential space. With major upgrades to the commercial kitchen and stylish renovations throughout the apartments, the new owner can enjoy peace of mind and minimal upkeep for years to come. A full list of upgrades available upon request. Additional features include expansive basement storage with easy access, a solid concrete foundation & well-maintained roof, electrical upgrades (3-phase), ductless heat pumps for restaurant climate control, wheelchair-accessible main commercial space, and municipal services. With a constant flow of tourists exploring the historic town, vibrant arts scene, museums, and year-round festivals, including a bustling weekly Farmers' Market, this location is ideal for business success. Directly across the street, the popular amphitheater attracts visitors and adds to the lively atmosphere. Live and work under one roof or rent out all FIVE units for a fantastic revenue stream, the possibilities are endless. A prime investment in an unbeatable location! Bistro financials available on request. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Public Transit, Shopping

Building

  • Cooling Type: Heat Pump
  • Fireplace: No
  • Flooring Type: Wood, Other
  • Utility Water: Municipal water

Land

  • Land Size: 0.089 ac

Ownership

  • Type: Freehold

Information entered by RE/MAX Banner Real Estate
Listing information last updated on: 2025-07-24 15:14:11


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty East Inc’s posted commission rates compared to a brokerage charging 5%. (HST is extra). Not all agents charge the same.

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What is the deal exactly, with One Percent Realty East?

We are a fully licensed real estate brokerage offering the same top-tier services and exposure as the big names in the industry—but at a lower commission rate. Here's what you can expect when you work with us: ✅ Full MLS® system listing ✅ Exposure on all major internet real estate platforms ✅ Professional signage (where permitted) ✅ Property showings and open houses ✅ Strategic advertising to attract buyers ✅ Skilled negotiation to secure the best deal ✅ Seamless conveyancing to ensure a smooth closing With us, you’re getting everything you need to sell your property successfully—just without the high commission fees.

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What do you charge?

Simple, Transparent Pricing—No Surprises! Our commission structure is designed to save you money while providing top-tier service: • Residential Properties Under $400,000: $7,950 • Residential Properties Between $400,000 and $900,000: $9,950 • Residential Properties Over $900,000: 1% of the sale price + $950 Plus applicable taxes. Optional Flexibility: You have the option to offer additional commission to the buyer's agent. The choice is entirely yours! For commercial properties, farms, or development properties, please contact a One Percent Realty East agent directly or fill out the market evaluation form at the bottom right of our website. An agent will be in touch to discuss your specific needs. It’s that simple. Maximum service, minimum commission!

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