5968 Highway 1, Cambridge, Nova Scotia

$429,000

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0.34

Acres

About 5968 Highway 1

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 oftenschedule a viewing today before this exceptional investment slips away! (id:6289)

Features of 5968 Highway 1

Listing # 202501099
Price $429,000
Bathrooms 0.00
Acres 0.34
Year Built 1960
Type Multi-family
Sub-Type Freehold

Community Information

Address 5968 Highway 1
Subdivision Cambridge
City Cambridge
Province Nova Scotia
Postal Code B0P1G0

Amenities

Amenities Public Transit, Shopping, Place of Worship
Parking Paved Yard
Is Waterfront No
Has Pool No

Interior

Appliances Stove, Dryer - Electric, Washer, Refrigerator
Fireplace No
Has Basement No

Exterior

Exterior Vinyl
Foundation Block, Concrete Perimeter

Listing Details

OfficeRoyal LePage Atlantic (New Minas)

Listing Map

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