$355,000

Commercial For Sale In New Glasgow, Nova Scotia

$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
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