Anchoring the corner of King and Phoenix Streets in the heart of downtown Bridgewater, 481–483 King Street is a rare mixed-use landmark where heritage architecture, income stability, and main-street visibility meet. Built in 1900 in a distinctive flatiron style, the property commands attention from its prominent corner lot, offering exceptional exposure, walkability, and connection to the growing downtown core. Lovingly restored over the years, the building has been recognized with a Bridgewater Heritage Award for the thoughtful conservation of its original architecture. Its shingled siding, decorative cornices, rounded moulding, and bold exterior palette create a striking presence—historic in character, yet refreshed for modern use. The property is comprised of four units: two main-floor commercial spaces and two upper-level residential apartments, including one 1-bedroom and one 2-bedroom unit. With gross annual income in excess of $60,000 and excellent tenants in place, each paying their own heat and electricity, this is a compelling opportunity for investors seeking a stable income property in a rapidly growing South Shore community. Equally appealing is the flexibility for an owner-occupied mixed-use vision—live upstairs, operate a business below, or create a dynamic live/work presence in one of Bridgewater’s most walkable commercial settings. A true statement property with enduring character and dependable income.
From Dufferin Street, turn left onto King St, property on corner with Phoenix St.
Listing Sub-Area:
405-Lunenburg County
Property Type:
Multi-Family
Multi-Family Type:
Fourplex
Title To Land:
Freehold
Building Dimenions:
53'x36' - irregular
Lot Size:
2,152 sq. ft.200 m2
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
Yes
# of Rental Units / Occupied:
4
Year built:
1900
(Age: 126)
Age:
126
# Floors:
2
Exterior Finish:
Wood Shingles
Foundation:
Stone
Basement:
Partial, Undeveloped
Floor Finish:
Laminate, Linoleum, Softwood
Roof:
Rolled
Heating:
Baseboard, Heat Pump -Ductless
Fuel:
Electric
Parking:
No
Driveway:
None
Water Supply:
Municipal
Water And Sewage:
680.88
Sewer:
Municipal
Num Units:
4
Num 1 Bed Units:
1
Num 2 Bed Units:
1
# Of Dishwashers:
2
# Of Dryers:
2
# Of Fridges:
2
# Of Stoves:
2
# Of Washers:
2
Rental Income:
Yes, 60480
Laundry Income:
0
Other Income:
0
Approx. Net Income:
47608.48
Insurance Expense:
1188
Taxes Costs:
11002.64
Approx. Total Income:
60480
Air Conditioning
Beach, Golf Course, Marina, Park, Playground, Public Transit, Recreation Center, School Bus Service, Shopping, Place of Worship
Data was last updated June 26, 2026 at 01:20 PM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$669,900
Min list price:
$345,000
Max list price:
$1,500,000
Avg days on market:
54
Min days on market:
1
Max days on market:
336
These statistics are generated based on the current listing's property type
and located in
405-Lunenburg County. Average values are
derived using median calculations. This data is not produced by
the MLS® system.