9027/9029 Commercial Street, New Minas, (MLS® 202418478) RE/MAX nova
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9027/9029 Commercial Street, New Minas

0 0 10437 sqft
$999,500 For Sale

Description

Incredible commercial property located in the heart of the New Minas business district, includes 3 PIDs including the main Saunders building - a two storey plus basement structure, plus the old home next door (distressed and currently not occupied), and the extra PID in the back used for additional parking. This property offers incredible potential as a combination commercial and residential operation. The main floor of the Saunders building could easily be one or multiple commercial/retail/office leased spaces, the second floor could be converted into residential units (probably 2 nice sized units, or three smaller ones). Basement could be converted into storage for tenants/lease-holders. The home next door (included in this purchase) could be extensively renovated for income units or torn down to make room for more parking. It may also be possible to expand the Saunders building upwards to dramatically increase revenue sources.

Listing Details

Address
9027/9029 Commercial Street, New Minas, B4N 3E6
Status
ACTIVE
Listing Price
$999,500
MLS®
202418478
Type
n/a
Style
---
Age
1935
Square Footage (MLA)
7,500  ft2
Total Fin SqFt (TLA)
10,437  ft2
PID
55210215
Water
Municipal
Sewer
---
Utilities
Cable,Electrical,Municipal Water,Sewer,Telephone

Building Specifications

Foundation Type
---
Roof
Asphalt Shingle
Exterior Finish
---
Flooring
Concrete,Wood

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Listing Courtesy of MacKay Real Estate Ltd.

RE/MAX Commercial

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Garage & Parking

Garage
N
Details
---

Inclusions & Exclusions

Exclusions
Conveyor belt assembly/system

Sales History

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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

375

Median Age

56.0

Avg Household Size

1.6

Avg House Income

$48K

Age of Residents

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.

Marital Status

The maritial status of the people in this area.

Household Income

The average household income within this area.

Ownership

The number of people that rent versus own.

Construction Date

When the buildings in the area were constructed.

Children At Home

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

Occupation

The occupations of the people living here.

Tax Assessment

Year Amount % Change
2024 $265,200 ---
2023 $239,400 ---
2022 $214,500 ---
2021 $210,500 ---
2020 $219,300 ---
2019 $219,900 ---
2018 $225,200 ---
2017 $234,200 ---
2016 $244,300 ---
2015 $261,200 ---
2014 $262,400 ---
2013 $276,200 ---
2012 $283,100 ---

Maps

Last Updated On: 8/1/2024 6:30:11 PM (UTC)