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Vanda Jackson

realtorvandajackson@gmail.com +1(902) 719-9558

Listed by Fan Yang • Keller Williams Select Realty

$ 4,100,000

Est. payment | -/mo

5,732 SqFt

Save

$ 4,100,000

Est. payment | -/mo

Save

5,732 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 5,732 sqft

Price per Sqft $715

MLS Listing ID 202609618

HOA Y/N No

Year Built 2020

Lot Size 3.001 Acres

Acres 3.0013

Property Sub-Type Retail

Source Nova Scotia

Property Description

Strategic Investment & Development Opportunity! Well-located high quality income producing commercial property situated in a high-traffic area within the expanding Valley/Truro growth corridor. The asset is 6 years young and secured by long-term 15 years leases with national tenants including McDonald's and Parkland Fuel, providing stable in-place income and low operational complexity. The offering includes approximately 3 acres of land, with ~1 acre of surplus vacant land available for development. Flexible commercial zoning allows for a range of future uses, including self-storage, retail plaza, or mixed-use commercial. There is a massive, multi-phase housing development nearby. It is planned to bring roughly 2,300 to 2,500+ residential units to the area over the next 20 years. This will create a lot of needs for the commercials around the area and increase the value of the property over the years. This is a rare opportunity to own a high quality asset provides a combination of steady fixed income and future growth!

Location

Province NS

County Annapolis

Area Annapolis County

Zoning C-1

Region Annapolis Valley

City Region Annapolis Valley

Rooms

Bedroom 2 McDonalds Canada

Interior

Heating Heat Pump

Cooling Air Conditioning, Ducted Cooling

Flooring Other, See Remarks

Equipment No Rental Equipment

Fireplace No

Exterior

Utilities Available Electric, Sewer Connected

View Y/N No

Roof Type Other

Garage No

Private Pool No

Exclusions All Tenants Belongings And Equipments Are Excluded

Building

Lot Description 3 to 9.99 Acres, Cleared, Corner Lot

Water Drilled Well

New Construction No

Others

Ownership Freehold

ParcelsYN No

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(902) 719-9558

realtorvandajackson@gmail.com

800-1701 Hollis Street, Halifax, NS, B3J 3M8, CAN

Learn More About LPT Realty

620 Pictou Rd Valley, NS B6L 2S5