27 Willow Street Yarmouth, Nova Scotia B5A 1V2
$3,450,000
This rare opportunity is located in the thriving community of Yarmouth, Nova Scotia, where both local and tourist traffic provide a significant market for this type of holding. With 4 beautifully updated Century homes with a steady rental income, and zoning allowing for 12 right-of-usage options (18), along with 7 land parcels totalling 57706SF, the opportunities for the astute investor are limitless. Located in the heart of the Yarmouth Historical District, with the potential for further land assembly to create other housing development, there are so many options here. There are four Century homes and two Carriages (1 Circa 1870's carriage house and 1 Circa 1900 one-car garage) houses on the property, which have undergone major renovations and can each have separate uses, or be combined for one operation, depending upon the developer's appetite. Included with this package is the 4+ star MacKinnon-Cann Inn, which was successfully operated from 2005 -2024 (closed during COVID), offering 8 (7) self-contained rooms, and everything needed to bring this glorious Inn back to full operations. The Nova Scotia market continues to grow beyond expectations, and the opportunity for equity growth is tremendous in this southern area of the province, where the sun shines and the sea calls to those who have made this unique part of the world home. There is so much potential with this bespoke offering. (id:12178)
Business
| Business Type | Accommodation, Other, Other, Restaurant, Residential |
| Business Sub Type | Hotel/motel, Other, Offices, Restaurant, Residential |
Property Details
| MLS® Number | 202413816 |
| Property Type | Other |
| Community Name | Yarmouth |
| Amenities Near By | Public Transit, Shopping |
| Equipment Type | Propane Tank |
| Rental Equipment Type | Propane Tank |
Building
| Amenities | Laundry Facility, Living Accommodation |
| Construction Material | Masonry, Wood Frame, Unknown |
| Fire Protection | Smoke Detectors |
| Flooring Type | Wood, Other |
| Total Finished Area | 13160 Sqft |
| Utility Water | Municipal Water |
Parking
| Gravel | |
| Parking Space(s) | |
| Visitor Parking |
Land
| Acreage | Yes |
| Land Amenities | Public Transit, Shopping |
| Land Disposition | Cleared |
| Size Irregular | 1.3247 |
| Size Total | 1.3247 Ac |
| Size Total Text | 1.3247 Ac |
https://www.realtor.ca/real-estate/27042008/27-willow-street-yarmouth-yarmouth
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June 14 2024 02:41:15
Nova Scotia Association of REALTORS®
Engel & Volkers (Yarmouth), Engel & Volkers
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