620 Pictou Road, Valley, Nova Scotia, Canada, B6L2S5
4,100,000
for Sale
5,732
About the property:
Strategic Investment & Development Opportunity! Well-located high quality income producing commercial property situated in a high-traffic area within the expanding Valley/Truro growth corridor. The asset is 6 years young and secured by long-term 15 years leases with national tenants including McDonald’s and Parkland Fuel, providing stable in-place income and low operational complexity. The offering includes approximately 3 acres of land, with ~1 acre of surplus vacant land available for development. Flexible commercial zoning allows for a range of future uses, including self-storage, retail plaza, or mixed-use commercial. There is a massive, multi-phase housing development nearby. It is planned to bring roughly 2,300 to 2,500+ residential units to the area over the next 20 years. This will create a lot of needs for the commercials around the area and increase the value of the property over the years. This is a rare opportunity to own a high quality asset provides a combination of steady fixed income and future growth!
Commercial/Retail
false
- Property Type:
- Commercial/Retail
- Status:
- for Sale
- Land Size:
- 3.0013 Acre
- Water:
- Drilled W
- Garage/Parking Type:
- Public Parking,Parking Spaces(s),Paved
- Business Type:
- Retail
- Heating Type:
- Heat Pump
- Listing ID:
- 202609618
Rooms
Dimensions
Brokered by:
Keller Williams Select Realty
Source: NSAR
Presented By:
Presented By: