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Mixed-use Comm. Retail-Restaurant & Residential for sale in Nova Scotia, CAN

Nova Scotia, CANADA (CAN)

Asking Price: Gross: Cash Flow:
$ 1,390,000 $ 1,212,990 $ 38,588

Furniture and Fixtures Value:
$ 200,000 (included in the asking price)

Inventory Value:
$ 15,000 (not included in the asking price)

Real Estate:
$ 1,224,000 (included in the asking price)

Business Summary:
Mixed-use commercial real estate development featuring retail, restaurant, and residential. Nestled seaside, this re-developed property boasts a general store, NSLC outlet, café, and retail shop across three buildings with an attached garage. Each building includes a second level apartment unit. It’s a blend of history and modernity, offering a distinct Canadian experience. As the heart of the community, it fosters connection and charm.

 

   
Year Business was Established: 1900
   
Number of Employees: 4 FT/5 PT  
   
Facilities / Terms of Lease: Situated oceanside on a large parcel of land, three semi-attached two-story wood-frame buildings, each featuring ground-floor commercial spaces and second-level residential apartment units, are included in the property. Additionally, there is a large attached garage.  
   
Potential Growth/Expansion: The original business and property is one of the oldest establishments in Nova Scotia and there exists a rich archive of material that is included in the sale that can be marketed for sale. There is also the possibility to open a gas bar at this location. The site has already been surveyed and approved by a major gas retailer.  
   
Competition: Nothing in the immediate area. It's the hub of the community.  
   
Owner willing to train: Will train for 4 weeks @ $0 cost.  
   
Reason for selling: The owner wants to pursue other interests.  
   
Seller Reference Number: 9202-18415
BusinessMart.com Listing Number: 309971
 

 

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For more info contact:

Evelyn Correa

Murphy Business & Financial Services
727-725-7090

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