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Sean Watt

seanrwatt@gmail.com +1(902) 220-7326

Listed by Duncan Macdougall • Press Realty Inc.

$699,900

Est. payment - /mo

8,170 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 8,170 sqft

Price per Sqft $85

MLS Listing ID 202603481

HOA Y/N No

Year Built 1907

Lot Size 4,848 Sqft

Acres 0.1113

Property Sub-Type Retail

Source Nova Scotia

Property Description

This solid income-producing multi-unit building was originally constructed as a bank and offers exceptional bones designed to stand the test of time. Located in a high-traffic area in the heart of downtown North Sydney, this property provides outstanding visibility and exposure for business owners and investors alike. The main level features three commercial units, two are currently tenanted, providing immediate cash flow for the new owner. Upstairs, you'll find a fully gutted and renovated two-bedroom apartment, thoughtfully updated with complete rewiring and spray foam insulation throughout, offering modern comfort and peace of mind. In addition, the property includes a large loft space with excellent potential for conversion into a four-bedroom apartment or additional commercial unit, allowing for future value-add opportunities. Recent upgrades include heat pumps, a new furnace, vinyl windows, and plumbing improvements. Just two minutes from the ferry terminal, central to the cabot trail and surrounded by amenities, this prime downtown location makes the property a standout investment opportunity with both current income and future upside.

Location

Province NS

County Cape Breton

Area 205-North Sydney

Zoning CD

Region Cape Breton

City Region Cape Breton

Rooms

Bedroom 2 Tattoo Shop

Interior

Heating Ductless, Hot Water, Radiator

Flooring Wood, Other

Equipment No Rental Equipment

Fireplace No

Exterior

Utilities Available Electric, Cable Connected, Electricity Connected, Water Connected, Sewer Connected

View Y/N Yes

View Harbour

Roof Type Rolled/Hot Mop

Garage No

Private Pool No

Building

Lot Description Under 0.5 Acres, Near Public Transit, Shopping Nearby, Visual Exposure, Corner Lot

Story 2

Water Municipal

New Construction No

Others

Ownership Freehold

ParcelsYN No

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Sean Watt

+1(902) 220-7326

Agent | N13318

Agent N13318

2 Archibald Ave North Sydney, NS B2A 1B5

Sean Watt

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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