5968 Highway 1 Active Save Request In-Person Tour Request Virtual Tour
Cambridge,NS B0P1G0
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Cambridge
MLS Listing ID 202501098
Year Built 1960
Lot Size 0.340 Acres
Property Sub-Type Freehold
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 often?schedule a viewing today before this exceptional investment slips away! (id:24570)
Location
Province NS
Interior
Cooling Heat Pump
Flooring Other
Exterior
Parking Features No
View Y/N No
Others
Virtual Tour https://youriguide.com/5968_nova_scotia_trunk_1_cambridge_ns