$479,000

Commercial For Sale In Amherst, Nova Scotia

$479,000

Property Information:

Discover an impressive three-story brick building nestled in the heart of downtown Amherst, with over 9000 sq ft of potential on 4 levels, presenting a golden opportunity for a savvy developer seeking an ideal blend of residential and commercial possibilities. The ground floor boasts a meticulously renovated storefront, adorned with expansive windows that offer captivating views of the bustling streets below. This building could easily be transfromed into a number of highly sought after apartments, or a really cool brewery, the possibilities are endless. Over the years, it has served as a favored destination for numerous cafes and restaurants. Venturing around the side reveals a fully renovated office space, currently leased to provide a steady income stream. The basement is in excellent condition, complemented by a relatively new roof installed just five years ago. Abundant natural light floods through numerous new windows, enhancing the overall appeal. An enticing prospect for expansion, the adjacent lot is currently owned by the town of Amherst, potentially available for acquisition to support a larger development endeavor. Additionally, a leased walkway leading to a Yoga studio from the town further augments the property's value, with an affordable annual fee of $115. seize the opportunity to transform this prime property into a thriving hub of residential and commercial excellence.

Property Features:

  • Building Features: Doors Under 10 Ft
  • Built in: Y
  • Construction: Brick
  • Driveway/Parking: Paved, Shared, Visitor Parking
  • Floor Space (approx): 9168 Square Feet
  • Flooring: Wood
  • Fuel Type: Electric
  • Heating/Cooling Type: Heat Pump -Ductless
  • Property Size: Under 0.5 Acres
  • Rental Equipment: None
  • Roof: Other
  • Site Influences: Cleared, Shopping Nearby, Visual Exposure, High Traffic Location, Cleared, Shopping Nearby, Visual Exposure, High Traffic Location
  • Sub-type: Office, Restaurant, Warehouse
  • Title to Land: Freehold
  • Utilities: Cable, Electrical, Municipal Water, Sewer, Telephone
  • Water Source: Municipal

Courtesy of: Royal LePage Cumberland Realty

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