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$ 699,900
Est. payment | /mo
4,848 Sqft Lot
$ 699,900
Est. payment | /mo
4,848 Sqft Lot
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision North Sydney
MLS® Listing ID 202603481
Year Built 1907
Lot Size 4,848 Sqft
Acres 0.1113
Property Sub-Type Freehold
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, youll 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. (id:24570)
Location
Province NS
Rooms
Kitchen 0.0
Interior
Heating Heat Pump, Ductless, Hot Water, Radiator, ,
Cooling Air Conditioned
Flooring Wood, Other
Exterior
Parking Features No
Community Features High Traffic Area
View Y/N Yes
View Harbour
Attached Garage No
Garage No
Private Pool No
Others
Ownership Freehold
Listed by Press Realty Inc.
NEARBY SCHOOL & BUSINESS