Description
An exceptional opportunity to acquire a fully leased mixed-use investment property in the heart of Fall River, offering secure, long-term cash flow with no immediate leasing risk. With 100% occupancy and all commercial and residential space fully committe, this property provides investors with a strong, stable income stream from day one. This well-maintained 2.5-storey commercial/residential building was originally constructed in 1970, thoughtfully expanded in 2014 with the addition of a third level, and has benefited from significant renovations to the ground and main floors in 2025, minimizing near-term capital requirements. The property comprises two commercial suites totaling approximately 2,900 square feet (1,792 sq. ft. and 1,108 sq. ft.), anchored by a newly executed long-term lease, along with two residential apartments including a 650 sq. ft. lower-level suite and an 886 sq. ft. upper-level unit. The combination of diversified income, recent upgrades, and long-term tenancy makes this a rare opportunity for investors seeking dependable returns in one of Nova Scotia's most desirable and rapidly growing communities.
Listing Details
1423 Fall River Road, Fall River, B2T 1J1
ACTIVE
$1,145,000
202526303
n/a
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55
4,436 ft2
4,436 ft2
00507186
Municipal
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Cable,Electrical,Municipal Water,Sewer,Telephone
Building Specifications
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Asphalt Shingle
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Wood,Other
