Description
Discover a prime investment opportunity on Nova Scotia’s beautiful Eastern Shore with this versatile residential/commercial property spanning over 3 acres. Located just 5 minutes from Sheet Harbour, it presents an excellent opportunity with multiple uses. It currently consists of a 2-bedroom unit renting for $1,100/mo, with another unit mid-renovation for optional owner occupancy or rent out for another $1100/mo. In between, an opportunity to make your dream come true with a variety of business ideas! You can convert to a four-plex with existing electrical & plumbing or storage units for passive income with room to grow using two adjacent lots included in the purchase price. Modern utilities include a well pump, a commercial sized septic system, metal roof, 3 electric meters for apartments & a 400 amp meter for the commercial space. This 7200 sqft building offers exceptional value with its solid construction, featuring a sturdy tongue and groove build and concrete foundation. It is currently mid-renovation with the large space repaired and ready for you to let your imagination run wild. The property’s excellent road frontage ensures high visibility, while its proximity to new developments and amenities a few minutes away, enhances its appeal. Whether you're an investor, business owner, or developer, this property’s blend of residential and commercial potential is perfect for capitalizing on the Eastern Shore’s growth. Don’t miss out on transforming this space into your next successful venture.
Listing Details
21017 Highway 7, Mushaboom, B0J 3B0
ACTIVE
$200,000
202419120
n/a
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54
7,200 ft2
7,200 ft2
00466409
Drilled Well
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Septic,Well
Building Specifications
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Metal
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Wood,Other