FOR SALE A DIVISION OF KELLER WILLIAMS SELECT REALTY COMMERCIAL OFFICE 6,327 SF TOM GERARD, CCIM, SIOR Real Estate Advisor 902-830-1318 tomgerard@kwcommercial.com BRIAN WOODS, ABR Real Estate Advisor 902-830-5060 brianwoods@kwcommercial.com J. M. (JIM) CHAMBERS CHAMBERS DEVELOPMENTS 902-542-1400 jim@chambersdevelopments.com KW COMMERCIAL ADVISORS Young Tower, Suite 308 6080 Young Street Halifax, NS B3K 5L2 www.kwcommercialhalifax.com
EXECUTIVE SUMMARY Civic Address 60 Aberdeen Street, Kentville, Nova Scotia Property Type Construction Style Age Building Size Site Area Parking 2 Storey Mixed-use Commercial Office Wood frame 100 +/- years First Floor - 3,043 sq. ft. 2 nd Floor - 3,284 sq. ft. Total - 6,327 sq. ft. *The square footages are approximations and have not been certified. 8,073 square feet Approximately 15 asphalt paved parking spots Premises Breakdown Mommy & Me 3D/4D/HD Ultrasounds Zoning Assessed Value Assessed Owner C 1 (General Commercial) $422,000 (2015 Commercial Taxable) 02728192 Duke Med Inc List Price $774,000 2
AREA OVERVIEW IMMEDIATE AREA Located at 60 Aberdeen in the heart of Kentville, this location offers a short drive to neighboring commercial centres of New Minas and Berwick and is in close proximity to entertainment, employment, major financial institutions, town shops and essential services. The immediate neighbourhood is a blend of mostly commercial with some residential component; immediate access to public transit and parks are within short walking distance. A blend of community retail, single family homes, semidetached / townhouses and small apartment buildings form the outskirts of the core. 3
AREA OVERVIEW TOWN OF KENTVILLE Being one of the few areas of Nova Scotia which has shown a population growth in the last census (2011), Kentville continues to be the Centre of the Annapolis Valley. It has earned its title based on its central geography and its positioning as a social hub and a major service centre making it a great place to do business. Kentville has a vibrant industrial park, steady development and growth, and low residential and commercial tax rates. A closely arranged Downtown core and Trail systems that travel from one side of town to the other make Kentville a very walkable community that manages a high volume of foot traffic daily. As the largest town in the Annapolis Valley, Kentville serves as the Valley s central core for banking, legal, professional, medical, government, health and financial services. A regional hospital is located in Kentville, serving residents from Digby to Windsor, and a number of highly accredited educational institutions are located nearby, with neighbouring Acadia University, a modern community college, a brand new elementary school opened in the 2011-2012 school year, and a senior high school just north of Kentville. There are also a great variety of retail businesses located in Kentville, as well as the Municipal Law Courts, and Federal and Provincial County offices. According to the town s Mayor, Kentville has the highest per capita ratio of professionals than any other place in Canada, and plays host to numerous first class sporting events that keep it buzzing with activity year round. Not only does Kentville act as a service centre for professional businesses and institutions, but because of the genuinely great quality of life provided to residents, it s a great place to live as well. Kentville is renowned for its restaurants, pubs, cafes and eateries, along with live theatre, museums and historic sites. Kentville boasts a first class multi-use sports complex which houses in-door soccer, tennis courts, pools, a quarter-mile track, and arena, a 7 kilometer trail system, and protected wetlands, all within a walking distance from downtown, which makes living here a pleasure, and doing business easy. Kentville is located approximately 100 km (approximately a 1 hour 15 minute drive) from Halifax Regional Municipality via the divided Highway 101. 4
AREA OVERVIEW TOWN OF KENTVILLE 5
BUILDING OVERVIEW Building Type Building Size 2 Storey Commercial Office Building 6,327 square feet Structure Wood frame Exterior Wood clapboard Roof type Pitched with asphalt shingles Age 100 years +/- Interior Finishes Tile, carpet laminate floor Heating & Cooling Electric Electrical System Throughout Sprinkler System Elevator Additional Feature No 2 level elevator 2 story elevator 6
EXTERIOR VIEWS 7
EXTERIOR VIEWS 8
INTERIOR VIEWS 9
INTERIOR VIEWS 10
SITE SPECIFICATIONS PID # 55267702 Lot Size 8,073 square feet Site Dimensions 40 3 deep x 152 wide Zoning C 1 (General Commercial) Municipal Service(s) Water and sewage Assessed Value $422,000 (Commercial Taxable) Site Improvements New windows; interior renovations throughout 11
72 6 FLOOR PLAN MAIN LEVEL 48 5 12
72 6 FLOOR PLAN SECOND FLOOR 50 4 2 13
ZONING (C 2 COMMERCIAL GENERAL) 14
ZONING (C 1 COMMERCIAL GENERAL) COMMERCIAL GENERAL (C-1) ZONE 15-1 C-1 Uses Permitted No development permit shall be issued in Commercial General (C-1) Zone except for one or more of the following uses: (a) R-1, R-2, R-3, R-3A, and TH uses as herein set out (b) Arenas and Auditoriums (c) Automobile Service Stations (including automobile washing establishments) (d) Bakery shops (e) Bank and Financial Institutions (f) Business and Professional Offices (ff) Churches and Church Halls (g) Commercial Schools (h) Dressmaking and Tailoring (i) Funeral Homes (j) Hotels and Motels (k) Institutional Uses (l) Medical Clinics (m) News and Magazine Stands (n) Parking lots and Parking structures (o) Places of Entertainment, Recreation and Assembly (which are conducted within wholly enclosed buildings) (p) Private Clubs and Fraternal Organizations LUB 2001 (q) Photography Studios (r) Printing Establishments (s) Repair Shops 15
ZONING (C 1 COMMERCIAL GENERAL) (t) Restaurants (u) Retail Stores (v) Service and Personal Service Shops (w) Taxi and Bus Stations (x) Parks and Community Centres (y) Residential dwellings in the same building as any commercial use (z) Any uses accessory to any of the foregoing uses 15-2 C-1 Zone Requirements In a Commercial General (C-1) Zone, no development permit shall be issued except in conformity with the following requirements: Minimum Lot Area 5,000 square feet (464.5 sq. m) Minimum Lot Frontage 50 feet (15.24 m) Minimum Front Yard 30 ft. notwithstanding Section 4-36 Minimum Side Yard no regulation if building is fireproof construction or 10 feet (3.04 m) if building is not of fireproof construction. Minimum Rear Yard no regulation if building is of fireproof construction or 20 feet (6.10 m) if building is not of fireproof construction. 15-3 Special Exemption: News Stands For the purpose of this By-law, news stands and magazine stands shall be exempted from the requirements of Section 2 of this Part. LUB 2001 15-4 Parking Requirements Notwithstanding the provisions of Part 4(26), parking in the C-1 Zone shall be provided according to the following schedule: Residential Uses 1.25 spaces per unit All other Uses 1 space per 380 square feet (35.30 sq. m) of floor area 16
LEGAL DESCRIPTION PID # 55267702 ALL and singular that certain piece or parcel of land situate, lying and being in the Town of Kentville, in the County of Kings and Province of Nova Scotia, being more particularly bounded and described as follows: BEGINNING at a point in the intersection of the west limit of Aberdeen Street and the north limit of Webster Street Extension; THENCE north 56 degrees 8 minutes west along the north limit of Webster Street Extension 152 feet more or less to lands now or formerly of John C. Hill; THENCE northerly by lands now or formerly of John C. Hill 40 feet 3 inches to lands of the Dominion Atlantic Railway; THENCE easterly by lands of the Dominion Atlantic Railway to the west limit of Aberdeen Street; THENCE south by the west limit of Aberdeen Street to the PLACE OF BEGINNING. The parcel was created by a subdivision that predates subdivision control or planning legislation or by-laws in the municipality and therefore no subdivision approval was required for creation of this parcel. 17
CONTACT INFORMATION TOM GERARD, CCIM, SIOR Real Estate Advisor 902-830-1318 tomgerard@kwcommercial.com BRIAN WOODS, ABR Real Estate Advisor 902-830-5060 brianwoods@kwcommercial.com J. M. (JIM) CHAMBERS CHAMBERS DEVELOPMENTS 902-542-1400 jim@chambersdevelopments.com KW COMMERCIAL ADVISORS Young Tower, Suite 308 6080 Young Street Halifax, NS B3K 5L2 www.kwcommercialhalifax.com KWcommercialHFX@twitter.com 18
LIMITING CONDITIONS The information contained in this package was obtained from 02728192 Duke Med Inc and other sources deemed reliable. However, no representations, declarations or warranties are given or implied by Keller Williams Select Realty or 02728192 Duke Med Inc as to its accuracy or completeness and such information should not be relied upon by prospective purchasers without independent investigation and verification. This information package does not purport to be all-inclusive or to contain all of the information that a prospective purchaser may require in determining whether or not to purchase the property. 02728192 Duke Med Inc and Keller Williams Select Realty expressly disclaim any and all liability for any errors or omissions in this package or any other oral or written communication transmitted or made available to prospective purchasers. This information package is for information and discussion purposes only and does not constitute an offer to sell or the solicitation of any offer to buy the property. 02728192 Duke Med Inc and Keller Williams Select Realty undertake no obligations to provide the recipient with access to additional information. 02728192 Duke Med Inc reserves the right to remove the offering from the market at any time and is under no obligation to respond to or accept any proposal or offer to purchase the property. 19