2 Elliot Street, Sydney Mines, (MLS® 202528028) REMAX NOVA
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2 Elliot Street, Sydney Mines

8122 sqft
$449,000 For Sale

Description

A Rare Turnkey Business Opportunity – The Underground! Looking for a well-established, income-generating business with huge potential? Here it is – The Underground! This sale includes the building, land, business, and all remaining inventory, offering a complete turnkey package for an ambitious investor or entrepreneur. The main level features five fully rented commercial units plus an owner’s office, providing steady, consistent income. The building is wheelchair accessible and includes two private washrooms upstairs and two multi-service washrooms on the lower level. Downstairs you’ll find “The Underground Bar” — a well-known local entertainment venue included with the sale. The business comes with: The name and goodwill All remaining inventory at closing A 10,000-watt PA system, light show, and two overhead projection TVs A second PA system for background music Commercial dishwasher, draft cooler, two freezers, fridge, stove, and two patio heaters A newly added outdoor patio provides an inviting space for guests during warmer months, expanding the venue’s capacity and appeal. With solid rental income upstairs and an established, fully equipped bar business downstairs, this property represents an exceptional turnkey investment. Don’t miss this unique opportunity to own a piece of local nightlife with multiple income streams already in place!

Listing Details

Address
2 Elliot Street, Sydney Mines, B1V 3G1

Status
ACTIVE
Listing Price
$449,000
MLS®
202528028
Type
n/a
Style
---
Age
53
Square Footage (MLA)
4,061  ft2
Total Fin SqFt (TLA)
8,122  ft2
PID
15177165

Water
Municipal
Sewer
---
Utilities
Cable,Electrical,Municipal Water,Sewer,Telephone

Building Specifications

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

Garage & Parking

Garage
N
Details
---

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

704

Median Age

47.1

Avg Household Size

2.1

Avg House Income

$63K

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
2024 $93,600 ---
2023 $81,700 ---
2022 $72,700 ---
2021 $73,700 ---
2020 $76,800 ---
2019 $76,400 ---
2018 $80,300 ---
2017 $28,700 ---
2016 $28,500 ---
2015 $20,700 ---
2014 $40,600 ---
2013 $40,400 ---
2012 $42,500 ---

Maps

Last Updated On: 12/4/2025 9:28:50 PM (UTC)