Exceptional visibilityWell-maintained apartmentsTwo-level apartmentShared laundry facilityStreet-front retail areaGenerous parking space
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. 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!
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Zillow last checked:
Listing updated:
Listed by:
Sonya Lecompte,
Royal LePage Atlantic (New Minas) Brokerage
Source: NSAR,MLS®#: 202501099Originating MLS®#: Nova Scotia Association of REALTORS®
Features: School Bus Service, Shopping, Place of Worship
Location
Region: Cambridge
Financial & listing details
Price range: C$429K - C$429K
Date on market: 1/17/2025
Inclusions: 3 Fridges, 3 Stoves. (Washer And Dryer In Laundry Area)
Exclusions: All Retail Racks On Walls And Free Standing In Retail Store. Bennett's Bargain Signage
Ownership: Freehold
Total actual rent: 27372
Electric utility on property: Yes
Sonya Lecompte
Sonya Lecompte
(902) 300-4095
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