5968 Highway 1, Cambridge, NS B0P 1G0
5968 Highway 1, Cambridge, NS B0P 1G0
5968 Highway 1, Cambridge, NS B0P 1G0
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Listed by Sonya Lecompte • Royal LePage Atlantic (New Minas)
$429,000
Est. payment /mo
4 Beds
0.34 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202501099

Bedrooms 4

HOA Y/N No

Year Built 1960

Lot Size 0.340 Acres

Acres 0.3398

Property Sub-Type Triplex

Source Nova Scotia

Property Description

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 often—schedule a viewing today before this exceptional investment slips away!

Location

Province NS

County Kings

Area Kings County

Zoning C3

Region Annapolis Valley

City Region Annapolis Valley

Rooms

Basement Full, Unfinished

Bedroom 2 5159.26

Kitchen $4557

Interior

Heating Baseboard, Ductless

Flooring Laminate

Inclusions 3 Fridges, 3 Stoves. (Washer And Dryer In Laundry Area)

Equipment No Rental Equipment

Fireplace No

Appliance Stove, Dryer - Electric, Washer, Refrigerator, Dryer

Basement Type Full,Unfinished

Exterior

Community Features Near Public Transport, School Bus Service, Shopping, Place of Worship

Utilities Available Electricity Connected

View Y/N No

Roof Type Asphalt,Metal

Garage No

Private Pool No

Exclusions All Retail Racks On Walls And Free Standing In Retail Store. Bennett's Bargain Signage

Parking Type Paved

Building

Lot Description Under 0.5 Acres

Foundation Block, Concrete Perimeter

Sewer Municipal

Water Drilled Well

New Construction No

Schools

Elementary Schools Cambridge And District Elementary School

High Schools Central Kings Rural High School

Others

Ownership Freehold

ParcelsYN No

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Nova Scotia Association of Realtors

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Ted Misztela
Ted Misztela

+1(902) 489-4559 | tadvesz@icloud.com

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