Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
  • Advertising

559 East River Road, New Glasgow, NS, B2H 3R8

MLS® # 202400946
Commercial For Sale In New Glasgow, Nova Scotia
$355,000
559 East River Road, New Glasgow, NS
559 East River Road, New Glasgow, NS
559 East River Road, New Glasgow, NS
559 East River Road, New Glasgow, NS
559 East River Road, New Glasgow, NS
559 East River Road, New Glasgow, NS
559 East River Road, New Glasgow, NS
559 East River Road, New Glasgow, NS
559 East River Road, New Glasgow, NS
559 East River Road, New Glasgow, NS
559 East River Road, New Glasgow, NS
559 East River Road, New Glasgow, NS
559 East River Road, New Glasgow, NS
559 East River Road, New Glasgow, NS
559 East River Road, New Glasgow, NS
559 East River Road, New Glasgow, NS
559 East River Road, New Glasgow, NS
559 East River Road, New Glasgow, NS
559 East River Road, New Glasgow, NS
559 East River Road, New Glasgow, NS
559 East River Road, New Glasgow, NS
559 East River Road, New Glasgow, NS
559 East River Road, New Glasgow, NS
559 East River Road, New Glasgow, NS
559 East River Road, New Glasgow, NS
559 East River Road, New Glasgow, NS
559 East River Road, New Glasgow, NS
559 East River Road, New Glasgow, NS
559 East River Road, New Glasgow, NS
559 East River Road, New Glasgow, NS
559 East River Road, New Glasgow, NS
559 East River Road, New Glasgow, NS
559 East River Road, New Glasgow, NS
559 East River Road, New Glasgow, NS
559 East River Road, New Glasgow, NS
559 East River Road, New Glasgow, NS
  • Advertising
ACTIVE
559 East River Road, New Glasgow, NS, B2H 3R8
$355,000

Property Information:

Proudly positioned on the bustling East River Road, the main artery of New Glasgow and one of the most high-traffic streets in the province outside of HRM, this distinguished commercial building presents an unparalleled opportunity for savvy investors or businesses. Spanning 2,000 square feet on the main level, this property boasts a prime corner lot location, ensuring maximum visibility and accessibility. The building has been very well maintained and updated, reflecting a professional and modern aesthetic that is sure to appeal to a variety of business ventures. Currently, the main floor is occupied by two tenants, adding immediate value and stability to your investment. A unique feature of this property is the expansive, unfinished basement. It offers a high ceiling and two walls that are already framed, presenting a blank canvas for a multitude of purposes. The space is ripe for transformation into additional commercial units, secure dry storage units ideal for businesses needing file storage, or even residential units as there is already existing plumbing, subject to relevant permissions. This flexibility offers a potential avenue to significantly increase the property’s income. This commercial building is not just a purchase but an investment in one of the most vibrant and growing areas of the province. Whether you're expanding your portfolio or establishing your presence in the community, this property offers the perfect blend of location, flexibility, and potential.

Property Features:

  • Built in: 1972
  • Construction: Block, Concrete
  • Driveway/Parking: Paved
  • Floor Space (approx): 2000 Square Feet
  • Flooring: Concrete
  • Fuel Type: Oil
  • Heating/Cooling Type: Furnace, Hot Water
  • Property Size: Under 0.5 Acres
  • Rental Equipment: None
  • Roof: Rolled
  • Site Influences: Cleared, Corner Site, High Traffic Location, Cleared, Corner Site, High Traffic Location
  • Sub-type: Other, Restaurant
  • Title to Land: Freehold
  • Utilities: Cable, Electrical, Municipal Water, Sewer, Telephone
  • Water Source: Municipal

Courtesy of: Turning Point Real Estate Limited

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.

Sales/Price History

Log in or create an account to see sold and historical listings information

Location of 559 East River Road, New Glasgow, NS, B2H 3R8

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: Significant

29 hot days expected in 2050

Projected Storm Risk: Very High

13 storms expected in 2050

Projected Heat Risk: Significant

29 hot days expected in 2050

32/100

Significant

ClimateCheck®

Current data

This property, 559 East River Road , experiences 7 hot days per year at around 28.7 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 31.7 degrees Celsius.

Projected Avg. Temperature

Past
28.7℃
2050
31.7℃

# Hot Days Per Year

Past
7
2050
29

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 Storm Risk:

13 storms expected in 2050

75/100

ClimateCheck®

Current data

This property, 559 East River Road , experiences 11 significant 2-day storms per year, with about 388.8mm 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 485.8mm of precipitation per year.

Precipitation Per Storm

Past
388.8mm
2050
485.8mm

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.

Demographic Information of 559 East River Road, New Glasgow, NS, B2H 3R8

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$74,262.62

Average Number of Children

1.74

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

29.15 %

High school certificate or equivalent

33.06 %

Apprenticeship trade certificate/diploma

8.93 %

College/non-university certificate

17.57 %

University certificate (below bachelor)

1.04 %

University Degree

10.24 %

Commuter

Travel To Work

By Car

73.34 %

By Public Transit

0.0 %

By Walking

19.57 %

By Bicycle

0.0 %

By Other Methods

7.09 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

50.18 %

Houses

49.82 %

Own Vs. Rent