Westville, NS B0K 0A8,1863 Main St
Westville, NS B0K 0A8,1863 Main St
Westville, NS B0K 0A8,1863 Main St
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Listed by Peter Mackenzie • MackCo Retail Partners Inc
$1,125,000
Est. payment /mo
9,900 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 9,900 sqft

Price per Sqft $113

MLS Listing ID 202527776

HOA Y/N No

Year Built 1963

Lot Size 5.769 Acres

Acres 5.7688

Property Sub-Type Retail

Source Nova Scotia

Property Description

This freestanding Foodland property is leased on a fully net basis to Sobeys, with the tenant responsible for all maintenance, repair, replacement to the premises and operating costs including, without limitation, the roof membrane, roof deck and flashing, HVAC, non-load bearing walls and parking facilities; the landlord is responsible for a very narrow definition of structure as defined in the lease. Strategically positioned on North Main Street, it anchors Westville's primary commercial corridor and serves as the town's dominant grocery store. The property also includes a Nova Scotia Liquor Corporation outlet constructed by Sobeys at their cost and sublet to NSLC — a capital investment that underscores Sobeys' confidence in the site. With below-market rents, below-replacement-cost pricing, and a strong national covenant, this asset offers secure income and durable fundamentals in a stable market.

Location

Province NS

County Pictou

Area 107-Trenton, Westville, Pictou

Zoning C1

Region Northern Region

City Region Northern Region

Rooms

Bedroom 2 Sobeys Capital Incorporated

Interior

Heating Baseboard, Forced Air, Heat Pump, Space Heater

Flooring See Remarks

Equipment No Rental Equipment

Fireplace No

Exterior

Utilities Available Electric

View Y/N No

Roof Type Steel

Garage No

Private Pool No

Parking Type Paved

Building

Lot Description 3 to 9.99 Acres

Water Municipal

New Construction No

Others

Ownership Freehold

ParcelsYN No


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Nova Scotia Association of Realtors
Ted Misztela
Ted Misztela

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

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