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5968 Highway 1

Cambridge, NS B0P 1G0
  • $499,900
  • STATUS: Active
  • ON SITE: 29 Days
  • MLS #: 202501098
$499,900
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,245
    SQFT
  • $95
    $/SQFT
Neighbourhood:
Type:
Commercial
Built:
1960
Municipality:

Description

This prime mixed-use property on Highway 1 in Cambridge offers exceptional visibility and tremendous investment potential. With the income-generating combination of both residential and commercial spaces, this building presents an unmatched opportunity for savvy investors looking to capitalize on both immediate and future growth. Zoned C3, the possibilities are virtually limitless, including potential for further development or diversification. There are three well-maintained apartments. Two 1-bedroom/1-bath units, and a spacious 2-bedroom/1-bath, two-level apartment. A centrally located shared laundry facility adds value and convenience for residents. All tenants are on fixed leases. The street-front retail area is currently home to a single established retail business. However, with minimal effort, this can be reconfigured into two separate commercial units to increase income potential and diversify the revenue stream. The building offers an efficient shipping and receiving area on the ground level for the commercial tenants.There is generous parking space available for both residents and commercial tenants, with convenient access for guests and deliveries. Opportunities like this do not come oftenschedule a viewing today before this exceptional investment slips away!

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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: 2025-02-16T00:35:36.243.
www.halifaxareahomesforsale.com/homes/159528690
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5968 Highway 1 Cambridge, NS B0P 1G0

  • Price: $499,900
  • Status: Active
  • On Site: 29 Days
  • MLS #: 202501098
0
Beds
0
Baths
0
½ Baths
0.34
Acres
5,245
SQFT
$95
$/SQFT
1960
Built
Neighbourhood:
Annapolis Valley
Municipality:
Kings
Area:
Annapolis Valley
Property Description
This prime mixed-use property on Highway 1 in Cambridge offers exceptional visibility and tremendous investment potential. With the income-generating combination of both residential and commercial spaces, this building presents an unmatched opportunity for savvy investors looking to capitalize on both immediate and future growth. Zoned C3, the possibilities are virtually limitless, including potential for further development or diversification. There are three well-maintained apartments. Two 1-bedroom/1-bath units, and a spacious 2-bedroom/1-bath, two-level apartment. A centrally located shared laundry facility adds value and convenience for residents. All tenants are on fixed leases. The street-front retail area is currently home to a single established retail business. However, with minimal effort, this can be reconfigured into two separate commercial units to increase income potential and diversify the revenue stream. The building offers an efficient shipping and receiving area on the ground level for the commercial tenants.There is generous parking space available for both residents and commercial tenants, with convenient access for guests and deliveries. Opportunities like this do not come oftenschedule a viewing today before this exceptional investment slips away!
Exterior Features

Construction Materials BlockConcrete Garage YN No Lot Features Under 0.5 AcresClearedNear Public Transit Other Parking Parking Details(Street Front Parking 7 / Rear Residential Parking 5 Spots) Parking Features Public ParkingPaved Road Frontage Type Highway Roof AsphaltMetal Waterfront YN No

Interior Features

Below Grade Finished Area Units Square Feet Building Area Total 5245 Flooring Other Heating BaseboardDuctless Heating YN Yes

Property Features

Area Major Kings County Area Minor V2 Building Features Laundry Facility Business Type Professional/OfficeResidentialShopping Centre Electric On Property YN Yes Exclusions All Retail Racks On Walls And Free Standing In Retail Store. Bennett's Bargain Signage All Removed Inclusions 3 Fridges/ 3 Stoves In Rental Units New Construction YN No Other Equipment No Rental Equipment Ownership Freehold Possession Negotiable Property Sub Type Retail Rental Income Yes Security Features Security System Utilities ElectricCable ConnectedElectricity ConnectedSewer ConnectedPhone ConnectedWell Water Source Drilled Well Zoning C3

Listing information © 2025 Nova Scotia Association of Realtors.
Listing provided courtesy of Royal LePage Atlantic (New Minas).


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: 2025-02-16T00:35:36.243.
 
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EXP Realty of Canada
1959 Upper Water St. Tower 1, Suite 1301
Halifax NS, B3J 3N2