. Main Street, Sydney Mines, Nova Scotia B1V 2N1

Listed for:
$525,000
0 beds
0 baths
Listed 153 days ago
. Main Street, Sydney Mines, Nova Scotia B1V 2N1

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Listing provided by:
EXP Realty of Canada Inc.
MLS® number:
202325302
Agent:
Cheryl Vickers
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About

PERFECT for multifamily subdivision....Approximately 11 acres of Commercially Zoned acreage that is cleared and fenced, currently operating a trailer drop, that has been profitable over the past few years. This cash flow could fund the next step to your portfolio when you plan your subdivision of income properties. An Amazing opportunity for builders and developers to build residences, cottages, or multifamily units. During this housing shortage, min land availability, government funding and incentives to builders, and prime location make this a huge opportunity for a clever investor. Zoned commercially for most investments including light industrial. An exceptional commercial property in a highly sought-after location on a highly visible location perfect for almost any business. Seller would stay as an operator of the business during the winter should a new purchaser be interested in continuing to use it as a drop yard. Do not miss or overlook this prime investment opportunity. (id:27476)

Property Highlights

Type
Cooling type
Heating fuel
Fireplace
No
Construction material
Parking space
Ownership Type
Freehold
Amenities nearby

Location

Summary

This property is being offered as a Freehold, making it an ideal opportunity for a multifamily subdivision. With approximately 11 acres of Commercially Zoned land that is currently cleared and fenced, this property is currently operating a profitable trailer drop. The cash flow from this operation could be used to fund the next phase of your portfolio, particularly if you are planning to develop income properties. This presents an amazing opportunity for builders and developers to construct residences, cottages, or multifamily units, especially given the current housing shortage, limited land availability, government funding and incentives, and prime location. The property is commercially zoned for various investments, including light industrial, and is situated in a highly sought-after and visible location, making it suitable for almost any business. The seller is also willing to stay on as an operator of the business during the winter for a new purchaser interested in continuing its use as a drop yard. This is a prime investment opportunity that should not be overlooked.

For sale, this property boasts a land size of 9.4 acres and is located on Main Street in the city of Sydney Mines, Nova Scotia. The postal code for this property is B1V2N1, and it is situated in the community of Sydney Mines.