6 Junction Road, Springhill, NS, B0M 1X0

MLS® # 202603016

Commercial For Sale In Springhill, Nova Scotia

$229,900

None Beds

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6 Junction Road, Springhill, NS, B0M 1X0

$229,900

Property Information:

TURNKEY BUSINESS OPPORTUNITY WITH INCOME POTENTIAL! Welcome to 6 Junction Road in Springhill, Nova Scotia, home to the well-known and established Fat Floyd's restaurant. This unique commercial/residential property offers an excellent opportunity for entrepreneurs, investors, or families looking to operate a successful business while generating additional rental income. The main level features the restaurant space, known locally for its popular takeout menu including fried chicken, pizza, and more. The sale includes the business name and marketing assets, providing a strong foundation for continued success. Above the restaurant, you'll find a spacious 3-bedroom apartment that can be owner-occupied or rented to create an additional income stream. The building has seen several important updates, including a metal roof approximately five years old, two newer ductless heat pumps, and most windows replaced within the past seven years. A full basement offers valuable storage space, while a separate storage shed sits on the second PID included with the property. Ideally located on a high-visibility corner in the heart of Springhill, the property benefits from recent municipal improvements including a newly reconstructed street and sidewalk. With strong local support, excellent exposure, and increasing tourism throughout Cumberland County, this property presents an exciting opportunity to own a business and real estate package with room for growth. Please note: Some restaurant equipment is included in the sale. Financial information is available to qualified buyers upon signing a Non-Disclosure Agreement.

Property Features:

Building Amenities: Air Conditioning, Laundry Facilities, Living Accommodations, Public Washrooms, Ventilation System, Window Display, Air Conditioning, Laundry Facilities, Living Accommodations, Public Washrooms, Ventilation System, Window Display
Building Features: Storage Building
Built in: 1896
Construction: Concrete
Documents on File: Deed
Driveway/Parking: Other
Fire Protection: Hydrant, Smoke Detector
Floor Space (approx): 2376 Square Feet
Flooring: Other
Fuel Type: Electric, Oil
Heating/Cooling Type: Forced Air, Furnace, Heat Pump -Ductless
Property Size: Under 0.5 Acres
Rental Equipment: None
Roof: Metal
Site Influences: Highway Access, Shopping Nearby, Visual Exposure, High Traffic Location, Public Parking, Highway Access, Shopping Nearby, Visual Exposure, High Traffic Location, Public Parking
Sub-type: Residential Units, Restaurant
Title to Land: Freehold
Utilities: Cable, Electrical, Municipal Water, Sewer, Telephone
Water Source: Municipal

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

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Liza Lobo

Salesperson/REALTOR® Royal LePage Cumberland Realty *

Mobile:902.401.4345

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Market Price Trends

Single family detached

2.81%

Price change (1 year)

68.35%

Price change (5 years)

All Properties

2.81%

Price change (1 year)

68.35%

Price change (5 years)

Location of 6 Junction Road, Springhill, NS, B0M 1X0

Lifestyle
Neighbourhood

Demographic Information of 6 Junction Road, Springhill, NS, B0M 1X0

Life Stage

Families with Tweens

Employment Type

Mixed

Average Household Income

$89,240.53

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.74 %

High school certificate or equivalent

30.47 %

Apprenticeship trade certificate/diploma

3.85 %

College/non-university certificate

32.21 %

University Degree

8.73 %

Commuter

Travel To Work

By Car

89.49 %

By Public Transit

0.0 %

By Walking

10.51 %

By Bicycle

0.0 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

6.6 %

Houses

93.4 %

Own Vs. Rent

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6 Junction Road, Springhill, NS, B0M 1X0 $229,900 MLS® # 202603016