Mixed-use commercial real estate development featuring retail, restaurant, and residential. Nestled on the on the seaside, this re-developed property boasts a general store, NSLC outlet, café, and retail shop across three buildings with an attached garage. Each building includes a second-level apartment unit. It’s a blend of history and modernity, offering a distinct Canadian experience. As the heart of the community, it fosters connection and charm.
- Asking Price:
- $1,390,000 (CAD) Furniture / Fixtures included
- Sales Revenue:
- $1,212,990 (CAD)
- Cash Flow:
- $38,588 (CAD)
Property Information
- Real Estate:
-
Real Property Included
- Premises Details:
-
Situated oceanside on a large parcel of land, three semi-attached two-story wood-frame buildings, each featuring ground-floor commercial spaces and second-level residential apartment units, are included in the property. Additionally, there is a large attached garage.
Business Operation
- Expansion Potential:
-
The original business and property is one of the oldest establishments in Nova Scotia and there exists a rich archive of material that is included in the sale that can be marketed for sale. There is also the possibility to open a gas bar at this location. The site has already been surveyed and approved by a major gas retailer.
- Competition / Market:
-
Nothing in the immediate area. It's the hub of the community.
- Reasons for selling:
-
The owner wants to pursue other interests.
- Trading hours:
-
Monday-Sunday 8am-8pm
- Employees:
- 4 FT/5 PT
- Years established:
- 124
Other Information
- Support & training:
-
Will train for 4 weeks @ $0 cost.
- Furniture / Fixtures value:
- $200,000 (CAD) - included in the asking price
