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559 East River Road New Glasgow, Nova Scotia B2H 3R8
$355,000
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. (id:40687)
Business
| Business Type | Other, Restaurant |
| Business Sub Type | Other, Restaurant |
Property Details
| MLS® Number | 202400946 |
| Property Type | Retail |
| Community Name | New Glasgow |
| Community Features | High Traffic Area |
Building
| Constructed Date | 1972 |
| Construction Material | Concrete Block, Concrete Walls |
| Flooring Type | Concrete |
| Total Finished Area | 2000 Sqft |
| Utility Water | Municipal Water |
Parking
| Paved Yard |
Land
| Acreage | No |
| Land Disposition | Cleared |
| Size Irregular | 0.1416 |
| Size Total | 0.1416 Ac |
| Size Total Text | 0.1416 Ac |
https://www.realtor.ca/real-estate/26419350/559-east-river-road-new-glasgow-new-glasgow
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Nova Scotia Association of REALTORS®
Turning Point Real Estate Limited
January 17 2024 04:15:34
