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295 Musgrave Lane

North Sydney, NS B2A 2B6
  • $275,000
  • STATUS: Active
  • ON SITE: 229 Days
  • MLS #: 202404998
UPDATED: 66 min ago
$275,000
  • 0
    BEDS
  • 1.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,200
    SQFT
  • $86
    $/SQFT
Neighbourhood:
Type:
Commercial
Municipality:
Area:

Description

THIS PROPERTY IS ZONED AS RESIDENTIAL LAND WITH A COMMERCIAL USE BUILDING ON PROPERTY. THERE ARE ENDLESS OPTIONS WITH THIS PROPERTY BASED ON THE NEW RESIDENTIAL LAND USE BY-LAW, FROM CONSTRUCTING APARTMENTS; DUPLEX OR EVEN A NEW HOME. THE BUILDING ITSELF IS VERY VERSATILE FOR BUSINESS APPLICATIONS SUCH AS CARPENTRY, WELDING, AUTO REPAIR, STORAGE TO NAME A FEW. WITH THE HOUSING CRISIS, CONSIDERATION MAY BE MADE TOWARDS RENOVATING THE BUILDING TO ACCOMMODATE 2-3 APARTMENT UNITS. SOME FEATURES ABOUT THE BUILDING ITSELF INCLUDE BUT NOT LIMITED TO: NEW CAMBRIDGE ROOFING SHINGLES 2023, 2 HEAT PUMPS INSTALLED 2023, 12' X 12' OVERHEAD GARAGE DOOR, COMMERCIAL GRADE EXHAUST FAN INSTALLED 2022, 14' CEILINGS, HIGH R VALUE IN BOTH THE WALLS AND ATTIC. WALLS ARE DOUBLED WALLED CONSTRUCTED. ALSO HAS A BATHROOM WITH SHOWER. A ON BOTH SIDES OF INTERIOR, HALF DISTANCE OF BUILDING 2 OPEN LOFTS HAVE BEEN BUILT FOR STORAGE. POTENTIAL INCOME FROM 3 ADVERTISING SIGNS AT REAR OF BUILDING, WHICH ARE HIGHLY VISIBLE TO TRAFFIC ON TRANS CANADA HIGHWAY. THE ADJACENT LAND TO THE BUILDING USEDTO BE OCCUPIED BY ANOTHER BUILDING, THE WATER AND SEWER HOOK UPS ARE STILL THERE TO DATE.

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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: 2024-11-05T12:35:31.137.
www.halifaxareahomesforsale.com/homes/148737823
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295 Musgrave Lane North Sydney, NS B2A 2B6

  • Price: $275,000
  • Status: Active
  • On Site: 229 Days
  • Updated: 66 min ago
  • MLS #: 202404998
0
Beds
0
Baths
0
½ Baths
1.5
Acres
3,200
SQFT
$86
$/SQFT
Neighbourhood:
Cape Breton
Municipality:
Cape Breton
Area:
Cape Breton
Property Description
THIS PROPERTY IS ZONED AS RESIDENTIAL LAND WITH A COMMERCIAL USE BUILDING ON PROPERTY. THERE ARE ENDLESS OPTIONS WITH THIS PROPERTY BASED ON THE NEW RESIDENTIAL LAND USE BY-LAW, FROM CONSTRUCTING APARTMENTS; DUPLEX OR EVEN A NEW HOME. THE BUILDING ITSELF IS VERY VERSATILE FOR BUSINESS APPLICATIONS SUCH AS CARPENTRY, WELDING, AUTO REPAIR, STORAGE TO NAME A FEW. WITH THE HOUSING CRISIS, CONSIDERATION MAY BE MADE TOWARDS RENOVATING THE BUILDING TO ACCOMMODATE 2-3 APARTMENT UNITS. SOME FEATURES ABOUT THE BUILDING ITSELF INCLUDE BUT NOT LIMITED TO: NEW CAMBRIDGE ROOFING SHINGLES 2023, 2 HEAT PUMPS INSTALLED 2023, 12' X 12' OVERHEAD GARAGE DOOR, COMMERCIAL GRADE EXHAUST FAN INSTALLED 2022, 14' CEILINGS, HIGH R VALUE IN BOTH THE WALLS AND ATTIC. WALLS ARE DOUBLED WALLED CONSTRUCTED. ALSO HAS A BATHROOM WITH SHOWER. A ON BOTH SIDES OF INTERIOR, HALF DISTANCE OF BUILDING 2 OPEN LOFTS HAVE BEEN BUILT FOR STORAGE. POTENTIAL INCOME FROM 3 ADVERTISING SIGNS AT REAR OF BUILDING, WHICH ARE HIGHLY VISIBLE TO TRAFFIC ON TRANS CANADA HIGHWAY. THE ADJACENT LAND TO THE BUILDING USEDTO BE OCCUPIED BY ANOTHER BUILDING, THE WATER AND SEWER HOOK UPS ARE STILL THERE TO DATE.
Exterior Features

Construction Materials ConcreteWood Frame Garage YN No Lot Features 1 to 2.99 AcresClearedVisual Exposure Other Parking Parking Details(Gravel/ Dirt) Parking Features DirtGravel Roof Asphalt Waterfront YN No

Interior Features

Below Grade Finished Area Units Square Feet Building Area Total 3200 Cooling Air Conditioning Cooling YN Yes Door Features Doors 10 - 15 Feet Flooring ConcreteHeavy Loading Heating Forced AirFurnaceDuctless Heating YN Yes

Property Features

Additional Parcels YN No Area Major 205-North Sydney Area Minor N/A Bareland Condo Yes Building Features Public Washrooms Business Type Warehouse Electric On Property YN Yes Gas Oil New Construction YN No Other Equipment No Rental EquipmentVentilation System Ownership Freehold Possession Immediate Property Sub Type Industrial Rental Income Potential Security Features Hydrant Tax Legal Description 295 MUSGRAVE LANE NORTH SYDNEY LAND WAREHOUSE Utilities ElectricCable ConnectedElectricity ConnectedWater ConnectedSewer ConnectedPhone Connected Water Source Municipal Zoning RUC

Listing information © 2024 Nova Scotia Association of Realtors.
Listing provided courtesy of Royal Lepage Anchor Realty(North Sydney).


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: 2024-11-05T12:35:31.137.
 
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1959 Upper Water St. Tower 1, Suite 1301
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