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1 Jenkins Street, Yarmouth, NS, B5A 3E2

MLS® # 202422240
Commercial For Sale In Yarmouth, Nova Scotia
$450,000
1 Jenkins Street, Yarmouth, NS
1 Jenkins Street, Yarmouth, NS
1 Jenkins Street, Yarmouth, NS
1 Jenkins Street, Yarmouth, NS
1 Jenkins Street, Yarmouth, NS
1 Jenkins Street, Yarmouth, NS

MULTIMEDIA

1 Jenkins Street, Yarmouth, NS, B5A 3E2
$450,000

Property Information:

Discover a prime investment opportunity with FMA Luxury Rentals Ltd. at 1 Jenkins Street. This historic brick building has been meticulously renovated over the past three years, with the main and lower floors completely transformed. The property features three modern units on the main floor, each already demonstrating excellent income potential. Two of these units are equipped with Jacuzzi tubs, while one is fully wheelchair accessible. Situated in a desirable location with stunning harbour views, the property is just a six-minute walk to the ferry terminal, offering seasonal crossings to the USA, and is conveniently close to shopping and dining options, ensuring high tenant demand. Current cap rate of 12.7% this is an incredible opportunity. The lower floor includes a salon with a private entrance, providing a reliable stream of rental income. With ample room for growth, the unfinished top floor offers the opportunity to add a spacious unit or two smaller units, both with exceptional ocean views. An additional 19’ x 22’ building on the property provides valuable extra storage space. The blend of modern updates, prime location, and historic charm makes this property a rare find with endless potential for long-term success. Book your private viewing today to explore the possibilities! Listed below Assessment!! Note Power in salon pays the power but the air bnbs the owner pays the power. List price does include HST

Property Features:

  • Building Amenities: Air Conditioning, Laundry Facilities, Living Accommodations, Public Washrooms, Security System, Window Display, Air Conditioning, Laundry Facilities, Living Accommodations, Public Washrooms, Security System, Window Display
  • Building Features: Storage Building
  • Built in: 1897
  • Construction: Brick
  • Documents on File: Aerial Photos
  • Driveway/Parking: Parking Spaces(s), Paved, Shared
  • Fire Protection: Monitored Alarm System, Smoke Detector
  • Floor Space (approx): 2701 Square Feet
  • Flooring: Other
  • Fuel Type: Electric
  • Heating/Cooling Type: Baseboard, Heat Pump -Ductless
  • Property Size: Under 0.5 Acres
  • Rental Equipment: None
  • Roof: Asphalt Shingle, Metal
  • Site Influences: Cleared, Shopping Nearby, Corner Site, High Traffic Location, Public Parking, Cleared, Shopping Nearby, Corner Site, High Traffic Location, Public Parking
  • Sub-type: Motel/Hotel, Residential Units, Salon
  • Title to Land: Freehold
  • Utilities: Cable, Electrical, Municipal Water, Septic, Telephone
  • Water Access/View: View: Ocean
  • Water Source: Municipal

Courtesy of: EXP Realty of Canada Inc.

Data provided by: Nova Scotia Association of REALTORS® 68 Highfield Park Drive, Suite 112, Dartmouth, Nova Scotia B3A 0E4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Sales/Price History

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Market Price Trends

All Properties

20.34%

Price change (1 year)

62.2%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 1 Jenkins Street, Yarmouth, NS, B5A 3E2

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

39 hot days expected in 2050

Projected Precipitation Risk: High

13 storms expected in 2050

Projected Heat Risk: Moderate-Low

39 hot days expected in 2050

35/100

Moderate-Low

ClimateCheck®

Current data

This property, 1 Jenkins Street , experiences 7 hot days per year at around 23.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 39 hot days at 26.4 degrees Celsius.

Projected Avg. Temperature

Past
23.6℃
2050
26.4℃

# Hot Days Per Year

Past
7
2050
39

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

13 storms expected in 2050

80/100

High

ClimateCheck®

Current data

This property, 1 Jenkins Street , experiences 11 significant 2-day storms per year, with about 436mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 530.2mm of precipitation per year.

Precipitation Per Storm

Past
436mm
2050
530.2mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 1 Jenkins Street, Yarmouth, NS, B5A 3E2

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$79,834.95

Average Number of Children

1.51

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

27.94 %

High school certificate or equivalent

26.39 %

Apprenticeship trade certificate/diploma

6.56 %

College/non-university certificate

23.7 %

University Degree

15.41 %

Commuter

Travel To Work

By Car

82.5 %

By Public Transit

0.0 %

By Walking

16.15 %

By Bicycle

0.0 %

By Other Methods

1.35 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

37.94 %

Houses

62.06 %

Own Vs. Rent

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