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Philip Jonker

phil@propertyhalifax.ca +1(902) 817-4708

Listed by David Macleod • Viewpoint Realty Services Inc. (Sydney)

$450,000

Est. payment - /mo

10,664 SqFt

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Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 10,664 sqft

Price per Sqft $42

MLS Listing ID 202625967

HOA Y/N No

Lot Size 3,998 Sqft

Acres 0.0918

Property Sub-Type Business

Source Nova Scotia

Property Description

Prime Downtown Mixed-Use Investment on Sydney's Charlotte Street Here's a rare chance to own a tenanted mixed-use building in the heart of downtown Sydney. This 4-unit property pairs a strong commercial main floor with three residential apartments upstairs, giving you diversified income from day one. One apartment is vacant right now, so you can pick the tenant yourself or move in. The main floor is anchored by an established, licensed restaurant and gift shop, a destination business that draws customers all year. Upstairs, the apartments add residential income and help balance the portfolio. Location is the story here. The building sits on the newly renovated Charlotte Street corridor, surrounded by banks, the post office, professional offices and downtown amenities that keep foot traffic steady in every season. From spring through fall, cruise ship passengers fill the downtown streets, putting thousands of visitors right at the front door. With an anchor tenant in place, a high-visibility address and a cap rate that stands out in today's market, this is the kind of opportunity investors wait for. Properties like this don't come up often on Charlotte Street, so book your viewing today.

Location

Province NS

County Cape Breton

Area 201-Sydney

Zoning Downtown Commercial Regional Centre (CRCC)

Region Cape Breton

City Region Cape Breton

Rooms

Bedroom 2 Yes

Interior

Heating Baseboard

Cooling Ductless

Flooring Other

Inclusions Restaurant Equipment And Fixtures; Appliances In Apartments

Equipment Fuel Tank(s), Other Rental Equipment

Fireplace No

Exterior

Utilities Available Electric, Cable Connected, Electricity Connected, Water Connected, Sewer Connected, Phone Connected

View Y/N No

Roof Type Asphalt

Garage No

Private Pool No

Building

Lot Description Under 0.5 Acres, Near Public Transit, Shopping Nearby, Visual Exposure

Story 2

Water Municipal

New Construction No

Others

Ownership Freehold

ParcelsYN No

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Philip Jonker

+1(902) 817-4708

Agent License ID: 1811911

272 Charlotte St Sydney, NS B1P 1C7

Philip Jonker

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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