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: