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9027/9029 Commercial Street New Minas, Nova Scotia B4N 3E6

$999,500

Incredible commercial property located in the heart of the New Minas business district, includes 3 PIDs including the main Saunders building - a two storey plus basement structure, plus the old home next door (distressed and currently not occupied), and the extra PID in the back used for additional parking. This property offers incredible potential as a combination commercial and residential operation. The main floor of the Saunders building could easily be one or multiple commercial/retail/office leased spaces, the second floor could be converted into residential units (probably 2 nice sized units, or three smaller ones). Basement could be converted into storage for tenants/lease-holders. The home next door (included in this purchase) could be extensively renovated for income units or torn down to make room for more parking. It may also be possible to expand the Saunders building upwards to dramatically increase revenue sources. (id:58770)

Business

BusinessType Other, Other, Residential
BusinessSubType Professional office(s), Offices, Residential

Property Details

MLS® Number 202418478
Property Type Retail
Community Name New Minas
AmenitiesNearBy Public Transit, Shopping
CommunityFeatures High Traffic Area

Building

Age 89 Years
Amenities Air Conditioning, Living Accommodation
ConstructionMaterial Concrete Block, Wood Frame
FlooringType Concrete, Wood
TotalFinishedArea 10437 Sqft
UtilityWater Municipal Water

Parking

Parking Space(s)
Visitor Parking

Land

Acreage No
LandAmenities Public Transit, Shopping
LandDisposition Cleared
SizeIrregular 0.6183
SizeTotal 0.6183 Ac
SizeTotalText 0.6183 Ac

https://www.realtor.ca/real-estate/27242846/90279029-commercial-street-new-minas-new-minas

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Allen Chase


Mackay Real Estate Ltd.
382 Main Street
Wolfville, Nova Scotia B4P 1C9

Jeff Pettigrew


Mackay Real Estate Ltd.
382 Main Street
Wolfville, Nova Scotia B4P 1C9

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