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:47423)
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Detailed Information
Community Features
High Traffic Area
Listing Contract Date
2024-01-15
Location Description
Take exit 25 off of the Trans Canada 104, turn towards New Glasgow, follow East River Road until 559 is on the left.
Municipal ID
00931501
Ownership Type
Freehold
Property Type
Retail
Transaction Type
For sale
Business
Business Type
Other, Restaurant
Business Subtype
Other, Restaurant
Building
Constructed Date
1972
Construction Material
Concrete block, Concrete Walls
Flooring Type
Concrete
Total Finished Area
2000 sqft
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Paved Yard
Land
Total Size
0.1416 acres
Disposition Features
Cleared
Size of Irregular Land
0.1416
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