This prime mixed-use property on Highway 1 in Cambridge offers exceptional visibility and tremendous investment potential. With the income-generating combination of both residential and commercial spaces, this building presents an unmatched opportunity for savvy investors looking to capitalize on both immediate and future growth. Zoned C3, the possibilities are virtually limitless, including potential for further development or diversification. There are three well-maintained apartments. Two 1-bedroom/1-bath units, and a spacious 2-bedroom/1-bath, two-level apartment. A centrally located shared laundry facility adds value and convenience for residents. All tenants are on fixed leases. The street-front retail area is currently home to a single established retail business. However, with minimal effort, this can be reconfigured into two separate commercial units to increase income potential and diversify the revenue stream. The building offers an efficient shipping and receiving area on the ground level for the commercial tenants.There is generous parking space available for both residents and commercial tenants, with convenient access for guests and deliveries. Opportunities like this do not come often?schedule a viewing today before this exceptional investment slips away! (id:4069)
Address
5968 Highway 1
List Price
$479,900
Property Type
Multi-family
Type of Dwelling
Triplex
Area
Nova Scotia
Sub-Area
Cambridge
Lot Size
0.3398 Sq. Ft.
Year Built
1960
MLS® Number
202501099
Listing Brokerage
Royal LePage Atlantic (New Minas)
Basement Area
Full (Unfinished)
Postal Code
B0P1G0
Site Influences
Public Transit, Shopping, Place of Worship
