Our REALTOR'S® Listings

Front on Water Street
Prop. Type:
Commercial
MLS® Num:
201824448
Status:
Active
Bus Major:
Office
Building and Restaurant with view of the Pictou Harbour! Excellent opportunity to own prime real estate in the heart of our historic town of Pictou! The listing includes the building with 7 rental spaces and a fully equipped and year round operating Restaurant with 30 seats inside and 20 seats outside. If you're ready for a change, don't miss this chance! The building is called the Palace, after the old theater that it used to house in the upstairs of the building and you can certainly see many beautiful features of the days gone by. Store front with large window display on Pictou's main street. Potential rental income of $3000 to $4000/month
The PALACE building is located on Water Street in Pictou, Civic # 41
Listing Sub-Area:
107-Trenton,Westville,Pictou
Property Type:
Commercial
Commercial Type:
Commercial Condo
Major Bus Type:
Office, Other, Residential Units, Restaurant, Shopping Centre
Title To Land:
Freehold
Lease Type:
Gross
Year built:
1907 (Age: 111)
Age:
111
Main Living Area:
8,000 sq. ft.
Total Living Area:
9,000 sq. ft.
Building Dimenions:
30 x 100
Prop Size:
Under 0.5 Acres
Lot Details:
7,272+/- sq.ft.
Outside Dimenions:
30 x 100
Zoning:
C1
Construction:
Wood Frame
Parking:
Yes
Driveway:
Other
Parking Description:
Public parking lot behind the building
# Floors:
3
Floor Finish:
Wood
Roof:
Metal
Heating:
Forced Air, Furnace, Heat Pump -Ductless
Fuel:
Electric, Oil
Fire Protection:
Alarm, Monitored Alarm System, Smoke Detector, Sprinkler
Water Supply:
Municipal
Utilities:
Cable, Electrical, Municipal Water, Telephone
Wheelchair Accessible
Cleared, Shopping Nearby, Visual Exposure, Public Parking
Air Conditioning, Public Washrooms, Recreational Area, Window Display
Restaurant equipment and inventory
Personal items
Propane Tank
No
View: Harbour
LRIS
HST:
HST over and above the purchase
Rental Income:
Yes
Betterment Charges:
Deed transfer tax
Lease 1 - Type:
Office
Lease 1 - Occupant:
Sales office
Lease 1 - Rental Rate:
$400/month
Lease 2 - Type:
Retail
Lease 2 - Occupant:
Art gallery
Lease 2 - Rental Rate:
$500/month
Lease 3 - Type:
# Residential Units
Lease 3 - Occupant:
1 bedroom apartment
Lease 3 - Rental Rate:
$500/month
Lease 4 - Type:
Other
Lease 4 - Rental Rate:
$400/month
Lease 4 - Occupant:
Kiosk outside (seasonal)
Lease 5 - Type:
Other
Lease 5 - Occupant:
Stone Soup Cafe+Catering
Lease 5 - Rental Rate:
$1000/month
Lease 6 - Type:
Office
Lease 6 - Rental Rate:
$500/month
Lease 6 - Occupant:
Lower level, currently vacant
Possession Info:
Negotiable
Listed Date:
Oct 05, 2018
Days on Mkt:
15
  • Photo 1: 41 Water Street in Pictou: 107-Trenton,Westville,Pictou Commercial  (Northern Region)  : MLS®# 201824448
    Front on Water Street
  • Photo 2: 41 Water Street in Pictou: 107-Trenton,Westville,Pictou Commercial  (Northern Region)  : MLS®# 201824448
    Rear facing parking lot
  • Photo 3: 41 Water Street in Pictou: 107-Trenton,Westville,Pictou Commercial  (Northern Region)  : MLS®# 201824448
    Patio and kiosk
  • Photo 4: 41 Water Street in Pictou: 107-Trenton,Westville,Pictou Commercial  (Northern Region)  : MLS®# 201824448
    Patio for restaurant
  • Photo 5: 41 Water Street in Pictou: 107-Trenton,Westville,Pictou Commercial  (Northern Region)  : MLS®# 201824448
    harbour view dining
  • Photo 6: 41 Water Street in Pictou: 107-Trenton,Westville,Pictou Commercial  (Northern Region)  : MLS®# 201824448
    Cafe
  • Photo 7: 41 Water Street in Pictou: 107-Trenton,Westville,Pictou Commercial  (Northern Region)  : MLS®# 201824448
    Cafe/Restaurant
  • Photo 8: 41 Water Street in Pictou: 107-Trenton,Westville,Pictou Commercial  (Northern Region)  : MLS®# 201824448
    30 seat restaurant
  • Photo 9: 41 Water Street in Pictou: 107-Trenton,Westville,Pictou Commercial  (Northern Region)  : MLS®# 201824448
    counter
  • Photo 10: 41 Water Street in Pictou: 107-Trenton,Westville,Pictou Commercial  (Northern Region)  : MLS®# 201824448
    Dining room
  • Photo 11: 41 Water Street in Pictou: 107-Trenton,Westville,Pictou Commercial  (Northern Region)  : MLS®# 201824448
    dessert and beverage counter
  • Photo 12: 41 Water Street in Pictou: 107-Trenton,Westville,Pictou Commercial  (Northern Region)  : MLS®# 201824448
    Public washrooms
  • Photo 13: 41 Water Street in Pictou: 107-Trenton,Westville,Pictou Commercial  (Northern Region)  : MLS®# 201824448
    office space
  • Photo 14: 41 Water Street in Pictou: 107-Trenton,Westville,Pictou Commercial  (Northern Region)  : MLS®# 201824448
    art gallery
  • Photo 15: 41 Water Street in Pictou: 107-Trenton,Westville,Pictou Commercial  (Northern Region)  : MLS®# 201824448
    main level store front
  • Photo 16: 41 Water Street in Pictou: 107-Trenton,Westville,Pictou Commercial  (Northern Region)  : MLS®# 201824448
    stairs to apartment and palace
  • Photo 17: 41 Water Street in Pictou: 107-Trenton,Westville,Pictou Commercial  (Northern Region)  : MLS®# 201824448
    palace (upstairs)
  • Photo 18: 41 Water Street in Pictou: 107-Trenton,Westville,Pictou Commercial  (Northern Region)  : MLS®# 201824448
    palace
  • Photo 19: 41 Water Street in Pictou: 107-Trenton,Westville,Pictou Commercial  (Northern Region)  : MLS®# 201824448
    Palace currently youth center
  • Photo 20: 41 Water Street in Pictou: 107-Trenton,Westville,Pictou Commercial  (Northern Region)  : MLS®# 201824448
    view from upstairs
  • Photo 21: 41 Water Street in Pictou: 107-Trenton,Westville,Pictou Commercial  (Northern Region)  : MLS®# 201824448
    lower level
  • Photo 22: 41 Water Street in Pictou: 107-Trenton,Westville,Pictou Commercial  (Northern Region)  : MLS®# 201824448
    lower level
  • Photo 23: 41 Water Street in Pictou: 107-Trenton,Westville,Pictou Commercial  (Northern Region)  : MLS®# 201824448
    apartment
  • Photo 24: 41 Water Street in Pictou: 107-Trenton,Westville,Pictou Commercial  (Northern Region)  : MLS®# 201824448
    apartment
  • Photo 25: 41 Water Street in Pictou: 107-Trenton,Westville,Pictou Commercial  (Northern Region)  : MLS®# 201824448
    Bathroom apartment
  • Photo 26: 41 Water Street in Pictou: 107-Trenton,Westville,Pictou Commercial  (Northern Region)  : MLS®# 201824448
    Apartment
  • Photo 27: 41 Water Street in Pictou: 107-Trenton,Westville,Pictou Commercial  (Northern Region)  : MLS®# 201824448
    seasonal kiosk
  • Photo 28: 41 Water Street in Pictou: 107-Trenton,Westville,Pictou Commercial  (Northern Region)  : MLS®# 201824448
    Patio for outside dining
  • Photo 29: 41 Water Street in Pictou: 107-Trenton,Westville,Pictou Commercial  (Northern Region)  : MLS®# 201824448
    Photo 29 of 29
Larger map options:
Listing information last updated on October 10, 2018 at 09:20 PM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$219,900
Min list price:
$94,500
Max list price:
$1,980,000
Avg days on market:
171
Min days on market:
57
Max days on market:
1,825
Avg price per sq.ft.:
$66.55
These statistics are generated based on the current listing's property type and located in Northern Region. Average values are derived using median calculations.
Beds (Min)
Any
1
2
3
4
5
Baths (Min)
Any
1
2
3
4
5
Priced between $ & $
HLM Realties Limited
Office: 902-752-8335
Toll Free: 1-800-307-0395
Fax: 1-800-755-3802