Cambridge, NS B0P1G0,5968 Highway 1
Cambridge, NS B0P1G0,5968 Highway 1
Cambridge, NS B0P1G0,5968 Highway 1
22
See all 22 photos
$499,900
Est. payment /mo
0.34 Acres Lot
Active

5968 Highway 1 Cambridge, NS B0P1G0

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Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision Cambridge

MLS® Listing ID 202501098

Originating Board Nova Scotia Association of REALTORS®

Year Built 1960

Lot Size 0.340 Acres

Acres 14801.688

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

Private Pool No

Others

Ownership Freehold

Virtual Tour https://youriguide.com/5968_nova_scotia_trunk_1_cambridge_ns


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Listed by Royal LePage Atlantic (New Minas)

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agent

Mica Sadler

Partner | REALTOR®

+1(519) 589-3521

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5968 Highway 1