42 Highway 330, Barrington Passage, NS B0W 1G0
42 Highway 330, Barrington Passage, NS B0W 1G0
42 Highway 330, Barrington Passage, NS B0W 1G0
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Sean Watt

Sean Watt

+1(902) 220-7326
Listed by Tina Williamson • Royal Lepage Atlantic (Mahone Bay)
$725,000
Est. payment /mo
7,680 SqFt
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Key Details

Property Type Commercial

Sub Type Commercial (Other)

Listing Status Active

Purchase Type For Sale

Square Footage 7,680 sqft

Price per Sqft $94

MLS Listing ID 202616309

HOA Y/N No

Year Built 1999

Lot Size 0.281 Acres

Acres 0.2811

Property Sub-Type Commercial (Other)

Source Nova Scotia

Property Description

**Waterfront properties generate attention. Waterfront investments generating a 10.07% CAP rate are much harder to find.** This exceptional mixed-used investment combines strong cash flow, dependable tenants, and one of the area's most desirable waterfront locations. Offered at $725,000 with a Net Operating Income at $73,000 annually, this turnkey asset delivers an attractive 10.07% CAP rate while providing the long-term security of diversified income streams. The property features a well-established commercial tenant occupying both ground-floor units, creating stable, reliable revenue, while the upper level offers five spacious one-bedroom residential suites. Each waterfront-facing apartment includes its own private balcony overlooking the ocean - an increasingly rare feature that supports strong rental demand, premium occupancy, and long-term tenant retention. Perfectly positioned on the water's edge, tenants enjoy spectacular ocean views with the convenience of restaurants, shopping, services, and transit just steps away. Additional income is generated through coin-operated laundry, while the large on-site parking lot provides added value for both residential and commercial tenants. A live-in superintendent is already in place and may be retained, making this an ideal opportunity for investors seeking efficient, hands-off management. Whether you're expanding an existing piortfolio or acquiring a flagship waterfront asset, this property offers the qualities experienced investors value most; consistent cash flow, diversified income, a proven rental history, limited maintenance concerns, and an irreplaceable waterfront location with long-term appreciation potential. Investment opportunities offering this combination of yield, stability, and location are increasingly rare.

Location

Province NS

County Shelburne

Area 407-Shelburne County

Zoning Comm/Res

Region South Shore

Body of Water Atlantic Ocean

City Region South Shore

Rooms

Bedroom 2 Daycare

Bedroom 3 N/A

Interior

Heating Baseboard, Ductless

Flooring Other

Equipment No Rental Equipment

Fireplace No

Exterior

Utilities Available Electric, Sewer Connected

Waterfront Description Ocean Front,Ocean Access,Waterfront,Salt Water

View Y/N Yes

View Ocean

Roof Type Asphalt

Garage No

Private Pool No

Building

Lot Description Under 0.5 Acres, Cleared, Shopping Nearby

Water Drilled Well

New Construction No

Others

Ownership Freehold

ParcelsYN No

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Sean Watt

Sean Watt

+1(902) 220-7326

Agent | N13318

Agent N13318

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