54 Union Street, Glace Bay, (MLS® 202627372) REMAX NOVA
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54 Union Street, Glace Bay

3560 sqft
$492,000 For Sale

Description

A great commercial rental building in one of Glace Bay's most popular spots. 54 Union Street sits close to downtown, near the call centre and the historic Savoy Theatre, in a high-traffic area that sees steady foot and vehicle traffic all day. The building has about 3,060 sq ft and was built in 1976. Two established restaurants anchor the front, with more commercial tenants in the building. Concrete steps and heavy steel railings run across the front, there's parking around the building, and public parking is right across the street, so it's easy for customers to get to. It's a solid, income-producing property in a proven location, and a good fit for an investor looking to add a well-tenanted commercial building to their portfolio. Rent roll available to qualified buyers.

Listing Details

Address
54 Union Street, Glace Bay, B1A 2P5

Status
ACTIVE
Listing Price
$492,000
MLS®
202627372
Type
n/a
Style
---
Age
50
Square Footage (MLA)
3,060  ft2
Total Fin SqFt (TLA)
3,560  ft2
PID
15400278

Water
Municipal
Sewer
---
Utilities
---

Building Specifications

Foundation Type
---
Roof
Asphalt Shingle
Exterior Finish
---
Flooring
Concrete
RE/MAX Commercial

Garage & Parking

Garage
N
Details
---

Inclusions & Exclusions

Inclusions
No rental equipment. Owned by landlord: 5 heat pumps, 3 hot water heaters, commercial kitchen 3-compartment sink, commercial stove and oven.

Sales History

Demographic Data

Demographic data is based on the dissemination area that contains the listing parcel . Dissemination Areas are small areas composed of one or more neighbouring dissemination blocks. All of Canada is divided into dissemination areas. Data source: Environics Analytics via ArcGIS Online, 2021

Population Size

452

Median Age

45.2

Avg Household Size

2.1

Avg House Income

$68K

The number of people for each age range.

How the population of this area is expected to change.

The highest level of education obtained by people within this area.

The maritial status of the people in this area.

The average household income within this area.

The number of people that rent versus own.

When the buildings in the area were constructed.

The number of children at home for the given age ranges.

The occupations of the people living here.

Tax Assessment

Year Amount % Change
2026 $95,000 ---
2025 $99,700 ---
2024 $107,200 ---
2023 $55,800 ---
2022 $51,600 ---
2021 $48,000 ---
2020 $48,000 ---
2019 $46,500 ---
2018 $45,800 ---
2017 $45,000 ---
2016 $50,700 ---
2015 $52,400 ---
2014 $107,000 ---
2013 $56,300 ---
2012 $59,200 ---

Maps

Last Updated On: 11/4/2026 8:11:57 PM (UTC)