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 McDonalds 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! (id:29604)
| Business Type | Other |
| Business Sub Type | Other |
| MLS® Number | 202609618 |
| Property Type | Retail |
| Community Name | Valley |
| Amenities Near By | Highway |
| Community Features | High Traffic Area |
| Amenities | Air Conditioning |
| Constructed Date | 2020 |
| Construction Material | Concrete Walls |
| Cooling Type | Heat Pump |
| Fire Protection | Alarm System, Monitored Alarm, Smoke Detectors, Sprinkler System-fire |
| Flooring Type | Other |
| Heating Fuel | Electric |
| Heating Type | Wall Mounted Heat Pump |
| Total Finished Area | 5732 Sqft |
| Utility Water | Drilled Well |
| Parking Space(s) | |
| Paved Yard |
| Access Type | Highway Access |
| Acreage | Yes |
| Land Amenities | Highway |
| Land Disposition | Cleared |
| Size Irregular | 3.0013 |
| Size Total | 3.0013 Ac|3 - 10 Acres |
| Size Total Text | 3.0013 Ac|3 - 10 Acres |
https://www.realtor.ca/real-estate/29697382/620-pictou-road-valley-valley
Contact us for more information
Fan Yang
(902) 407-7373
(902) 407-7374
www.kwhalifax.com/