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16 Main Street

Springhill, NS B0M 1X0
  • $389,900
  • STATUS: Active
  • ON SITE: 183 Days
  • MLS #: 202413021
UPDATED: 76 min ago
$389,900
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,825
    SQFT
  • $214
    $/SQFT
Neighbourhood:
Type:
Commercial
Built:
2011
Municipality:

Description

NOTE: This listing is for the building ONLY. The Subway franchise is not for sale. This an excellent long term investment. Current lease expires on September 30th, 2027 with a five year option to renew. The tenant has indicated they would prefer to extend the renewal option to ten years talking it to September 30th, 2037. The lease will be provided under due diligence after the buyer agrees to an NDA. The building is in top notice shape and the lease is exceedingly fair and reasonable.

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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: 2024-12-08T09:35:36.31.
www.halifaxareahomesforsale.com/homes/151435462
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16 Main Street Springhill, NS B0M 1X0

  • Price: $389,900
  • Status: Active
  • On Site: 183 Days
  • Updated: 76 min ago
  • MLS #: 202413021
0
Beds
0
Baths
0
½ Baths
0.28
Acres
1,825
SQFT
$214
$/SQFT
2011
Built
Neighbourhood:
Northern Region
Municipality:
Cumberland
Area:
Northern Region
Property Description
NOTE: This listing is for the building ONLY. The Subway franchise is not for sale. This an excellent long term investment. Current lease expires on September 30th, 2027 with a five year option to renew. The tenant has indicated they would prefer to extend the renewal option to ten years talking it to September 30th, 2037. The lease will be provided under due diligence after the buyer agrees to an NDA. The building is in top notice shape and the lease is exceedingly fair and reasonable.
Exterior Features

Construction Materials Wood Frame Garage YN No Lot Features Under 0.5 AcresClearedRail AccessShopping NearbyVisual ExposureCorner LotIndustrial park Open Parking YN Yes Other Parking Parking Details(Substantial)Garage Details(Nil) Parking Features Public ParkingCircular DrivewayPaved Road Frontage Type High Traffic Location Roof Asphalt Waterfront YN No

Interior Features

Accessibility Features Wheelchair Accessible Below Grade Finished Area Units Square Feet Building Area Total 1825 Cooling Air Conditioning Cooling YN Yes Flooring Other Heating Ductless Heating YN Yes

Property Features

Additional Parcels YN No Area Major 102N-North of Hwy 104 Area Minor N/A Building Features Public Washrooms Business Type Restaurant Electric On Property YN Yes New Construction YN No Other Equipment No Rental EquipmentVentilation System Ownership Freehold Possession Immediate Property Sub Type Retail Rental Income Yes Security Features Fire AlarmSmoke Detector(s)Security System Tax Assessed Value 252900 Tax Legal Description 18 MAIN ST LOT 2010 SPRINGHILL FAST FOOD Utilities ElectricWater Connected Water Source Municipal Zoning Commercial

Listing information © 2024 Nova Scotia Association of Realtors.
Listing provided courtesy of Century 21 Trident Realty Ltd..


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: 2024-12-08T09:35:36.31.
 
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EXP Realty of Canada
1959 Upper Water St. Tower 1, Suite 1301
Halifax NS, B3J 3N2