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Sean Watt

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

Listed by Fan Yang • Keller Williams Select Realty

$4,100,000

Est. payment - /mo

5,732 SqFt

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UPDATED:

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

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Sean Watt

+1(902) 220-7326

Agent | N13318

Agent N13318

620 Pictou Rd Valley, NS B6L 2S5

Sean Watt

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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