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2 Elliot Street

Sydney Mines, NS B1V 3G1
  • $449,000
  • STATUS: Active
  • ON SITE: 27 Days
  • MLS #: 202528028
UPDATED: 61 min ago
$449,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,122
    SQFT
  • $55
    $/SQFT
Neighbourhood:
Type:
Commercial
Built:
1972
Municipality:
Area:

Description

A Rare Turnkey Business Opportunity The Underground! Looking for a well-established, income-generating business with huge potential? Here it is The Underground! This sale includes the building, land, business, and all remaining inventory, offering a complete turnkey package for an ambitious investor or entrepreneur. The main level features five fully rented commercial units plus an owner's office, providing steady, consistent income. The building is wheelchair accessible and includes two private washrooms upstairs and two multi-service washrooms on the lower level. Downstairs you'll find "The Underground Bar" a well-known local entertainment venue included with the sale. The business comes with: The name and goodwill All remaining inventory at closing A 10,000-watt PA system, light show, and two overhead projection TVs A second PA system for background music Commercial dishwasher, draft cooler, two freezers, fridge, stove, and two patio heaters A newly added outdoor patio provides an inviting space for guests during warmer months, expanding the venue's capacity and appeal. With solid rental income upstairs and an established, fully equipped bar business downstairs, this property represents an exceptional turnkey investment. Don't miss this unique opportunity to own a piece of local nightlife with multiple income streams already in place!

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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: 2025-12-13T19:35:31.1.
www.halifaxareahomesforsale.com/homes/169980770
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2 Elliot Street Sydney Mines, NS B1V 3G1

  • Price: $449,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 61 min ago
  • MLS #: 202528028
0
Beds
0
Baths
0
½ Baths
0.2
Acres
8,122
SQFT
$55
$/SQFT
1972
Built
Neighbourhood:
Cape Breton
Municipality:
Cape Breton
Area:
Cape Breton
Property Description
A Rare Turnkey Business Opportunity The Underground! Looking for a well-established, income-generating business with huge potential? Here it is The Underground! This sale includes the building, land, business, and all remaining inventory, offering a complete turnkey package for an ambitious investor or entrepreneur. The main level features five fully rented commercial units plus an owner's office, providing steady, consistent income. The building is wheelchair accessible and includes two private washrooms upstairs and two multi-service washrooms on the lower level. Downstairs you'll find "The Underground Bar" a well-known local entertainment venue included with the sale. The business comes with: The name and goodwill All remaining inventory at closing A 10,000-watt PA system, light show, and two overhead projection TVs A second PA system for background music Commercial dishwasher, draft cooler, two freezers, fridge, stove, and two patio heaters A newly added outdoor patio provides an inviting space for guests during warmer months, expanding the venue's capacity and appeal. With solid rental income upstairs and an established, fully equipped bar business downstairs, this property represents an exceptional turnkey investment. Don't miss this unique opportunity to own a piece of local nightlife with multiple income streams already in place!
Exterior Features

Construction Materials Block Garage YN No Lot Features Under 0.5 AcresClearedNear Public TransitShopping Nearby Other Parking Parking Details(Spaces In Front And Back) Parking Features Public ParkingDirtGravelParking Spaces(s)Paved 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 8122 Flooring Other Heating Baseboard Heating YN Yes

Property Features

Additional Parcels YN No Area Major 205-North Sydney Area Minor N/A Building Features Public Washrooms Business Type Other Electric On Property YN Yes New Construction YN No Other Equipment No Rental Equipment Ownership Freehold Possession On Closing Property Sub Type Business Rental Income Yes Security Features Hydrant Utilities ElectricCable ConnectedElectricity ConnectedWater ConnectedSewer ConnectedPhone Connected Water Source Municipal Zoning MU

Listing information © 2025 Nova Scotia Association of Realtors.
Listing provided courtesy of VALMAC REALTY LTD. - 16139.


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: 2025-12-13T19:35:31.1.
 
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EXP Realty of Canada
1959 Upper Water St. Tower 1, Suite 1301
Halifax NS, B3J 3N2