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125 Reserve Street

Glace Bay, NS B1A 4W5
  • $299,000
  • STATUS: Active
  • ON SITE: 5 Days
  • MLS #: 202527139
New On Site 5 Days Ago
UPDATED: 26 min ago
$299,000
  • 0
    BEDS
  • 5.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,000
    SQFT
  • $37
    $/SQFT
Neighbourhood:
Type:
Commercial
Municipality:
Area:

Description

Discover this community staple retail business positioned in a high-traffic locations, with owned and leased real estate, offering experienced hands on retail operators an attractive choice to capitalize on consistent revenue streams and the ability to create immediate increased profitability. This location is leased, approximately 8,000 sft - $72k (property tax included). There is also an opportunity to acquire an additional 1 or 2 stores located in CBRM. - Annual revenues growing at a rate of 8%. - Consistent Gross profit margins of 45% - Ideal locations in the communities served, long history of customer patronage from a broad customer base. Based on the current owners length of time in business, he's certain each location's profit can be increased by $50k or more with a hands on owner who is engaged with the community and managing inventory more appropriately.

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NSAR IDX Reciprocity listings are displayed in accordance with NSAR's IDX Agreements and property information is provided under copyright © by the Nova Scotia Association of REALTORS®. The above information is from sources deemed reliable but it should not be relied upon without independent verification.
Data last updated: 2025-11-09T14:35:36.723.
www.halifaxareahomesforsale.com/homes/169530343
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125 Reserve Street Glace Bay, NS B1A 4W5

  • Price: $299,000
  • Status: Active
  • On Site: 5 Days
  • Updated: 26 min ago
  • MLS #: 202527139
0
Beds
0
Baths
0
½ Baths
5.18
Acres
8,000
SQFT
$37
$/SQFT
Neighbourhood:
Cape Breton
Municipality:
Cape Breton
Area:
Cape Breton
Property Description
Discover this community staple retail business positioned in a high-traffic locations, with owned and leased real estate, offering experienced hands on retail operators an attractive choice to capitalize on consistent revenue streams and the ability to create immediate increased profitability. This location is leased, approximately 8,000 sft - $72k (property tax included). There is also an opportunity to acquire an additional 1 or 2 stores located in CBRM. - Annual revenues growing at a rate of 8%. - Consistent Gross profit margins of 45% - Ideal locations in the communities served, long history of customer patronage from a broad customer base. Based on the current owners length of time in business, he's certain each location's profit can be increased by $50k or more with a hands on owner who is engaged with the community and managing inventory more appropriately.
Exterior Features

Garage YN No Lot Features 3 to 9.99 Acres Other Parking Parking Details(Ample Space For Parking) Parking Features Parking Spaces(s)Paved Roof Other Waterfront YN No

Interior Features

Below Grade Finished Area Units Square Feet Building Area Total 8000 Cooling Other Heating/Cooling Flooring Other Heating Other Heating/Cooling

Property Features

Area Major 203-Glace Bay Area Minor N/A Bareland Condo Yes Business Type Shopping Centre New Construction YN No Other Equipment No Rental Equipment Ownership Leasehold Property Sub Type Business Rental Income No Water Source Other Zoning Commercial

Listing information © 2025 Nova Scotia Association of Realtors.
Listing provided courtesy of EXP Realty of Canada Inc..


NSAR IDX Reciprocity listings are displayed in accordance with NSAR's IDX Agreements and property information is provided under copyright © by the Nova Scotia Association of REALTORS®. The above information is from sources deemed reliable but it should not be relied upon without independent verification.
Data last updated: 2025-11-09T14:35:36.723.
 
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1959 Upper Water St. Tower 1, Suite 1301
Halifax NS, B3J 3N2