Description
Investors dream! A work-in-progress with massive payoff potential!! This opportunity on Nova Scotia's beautiful Eastern Shore with this versatile residential/commercial uses spanning over 3 acres is located just minutes to Sheet Harbour. It currently consists of a 2-bedroom unit renting for $1,100/mo, with the 2nd in mid reno for another $1100/mo. The other end can accommodate another 2 for additional $2200/mo. In between, an opportunity to make your dream come true with a variety of business ideas! Existing electrical & plumbing can help make it easier or build storage units for passive income with room to grow using two adjacent lots included in the purchase price. What about a trades shared workspace? Modern utilities include a well pump, a commercial sized septic system, metal roof, 3 electric meters for apartments & a 400 amp meter for the commercial space. This 7200 sqft building offers exceptional value with its solid construction, featuring a sturdy tongue and groove build and concrete foundation. It is currently mid-renovation with the large space repaired and ready for you to let your imagination run wild. The property's excellent road frontage ensures high visibility, while its proximity to new developments and amenities a few minutes away, enhances its appeal. Whether you're an investor, business owner, or developer, this property's blend of residential and commercial potential is perfect for capitalizing on the Eastern Shore's growth. Don't miss out on transforming this space into your next successful venture.
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2BEDS
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3.38ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Investors dream! A work-in-progress with massive payoff potential!! This opportunity on Nova Scotia's beautiful Eastern Shore with this versatile residential/commercial uses spanning over 3 acres is located just minutes to Sheet Harbour. It currently consists of a 2-bedroom unit renting for $1,100/mo, with the 2nd in mid reno for another $1100/mo. The other end can accommodate another 2 for additional $2200/mo. In between, an opportunity to make your dream come true with a variety of business ideas! Existing electrical & plumbing can help make it easier or build storage units for passive income with room to grow using two adjacent lots included in the purchase price. What about a trades shared workspace? Modern utilities include a well pump, a commercial sized septic system, metal roof, 3 electric meters for apartments & a 400 amp meter for the commercial space. This 7200 sqft building offers exceptional value with its solid construction, featuring a sturdy tongue and groove build and concrete foundation. It is currently mid-renovation with the large space repaired and ready for you to let your imagination run wild. The property's excellent road frontage ensures high visibility, while its proximity to new developments and amenities a few minutes away, enhances its appeal. Whether you're an investor, business owner, or developer, this property's blend of residential and commercial potential is perfect for capitalizing on the Eastern Shore's growth. Don't miss out on transforming this space into your next successful venture.
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: 2024-10-11T00:35:38.33.