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238 Commercial

North Sydney, NS B2A 1B7
  • $589,000
  • STATUS: Active
  • ON SITE: 36 Days
  • MLS #: 202510679
UPDATED: 113 min ago
$589,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,000
    SQFT
  • $98
    $/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. The price includes the other 2 store locations (Glace Bay and Syndey Mines areas), and there's an option to purchase individually. - 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: 2025-06-18T00:35:37.18.
www.halifaxareahomesforsale.com/homes/163714568
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238 Commercial North Sydney, NS B2A 1B7

  • Price: $589,000
  • Status: Active
  • On Site: 36 Days
  • Updated: 113 min ago
  • MLS #: 202510679
0
Beds
0
Baths
0
½ Baths
0.15
Acres
6,000
SQFT
$98
$/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. The price includes the other 2 store locations (Glace Bay and Syndey Mines areas), and there's an option to purchase individually. - 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 Under 0.5 Acres Parking Features Gravel Roof Other Waterfront YN No

Interior Features

Below Grade Finished Area Units Square Feet Building Area Total 6000 Flooring Other Heating Ductless Heating YN Yes

Property Features

Area Major 205-North Sydney Area Minor N/A Bareland Condo Yes Business Type Shopping Centre Gas Oil New Construction YN No Other Equipment No Rental Equipment Ownership Freehold Property Sub Type Business Rental Income No Water Source Municipal 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: 2025-06-18T00:35:37.18.
 
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EXP Realty of Canada
1959 Upper Water St. Tower 1, Suite 1301
Halifax NS, B3J 3N2