An exceptional opportunity to acquire a fully leased mixed-use investment property in the heart of Fall River, offering secure, long-term cash flow with no immediate leasing risk. With 100% occupancy and all commercial and residential space fully committe, this property provides investors with a strong, stable income stream from day one. This well-maintained 2.5-storey commercial/residential building was originally constructed in 1970, thoughtfully expanded in 2014 with the addition of a third level, and has benefited from significant renovations to the ground and main floors in 2025, minimizing near-term capital requirements. The property comprises two commercial suites totaling approximately 2,900 square feet (1,792 sq. ft. and 1,108 sq. ft.), anchored by a newly executed long-term lease, along with two residential apartments including a 650 sq. ft. lower-level suite and an 886 sq. ft. upper-level unit. The combination of diversified income, recent upgrades, and long-term tenancy makes this a rare opportunity for investors seeking dependable returns in one of Nova Scotia's most desirable and rapidly growing communities. (id:29604)
| Business Type | Other, Residential |
| Business Sub Type | Offices, Residential |
| MLS® Number | 202526303 |
| Property Type | Office |
| Community Name | Fall River |
| Amenities | Air Conditioning, Living Accommodation |
| Constructed Date | 1970 |
| Construction Material | Concrete Walls, Wood Frame |
| Cooling Type | Heat Pump |
| Fire Protection | Alarm System, Monitored Alarm, Smoke Detectors |
| Flooring Type | Wood, Other |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters, Heat Pump |
| Total Finished Area | 4436 Sqft |
| Utility Water | Municipal Water |
| Parking Space(s) | |
| Paved Yard |
| Acreage | No |
| Land Disposition | Cleared |
| Size Irregular | 0.4039 |
| Size Total | 0.4039 Ac|under 1/2 Acre |
| Size Total Text | 0.4039 Ac|under 1/2 Acre |
https://www.realtor.ca/real-estate/29016290/1423-fall-river-road-fall-river-fall-river
Contact us for more information
Ally Connors
(902) 407-2489
Ayob Assali
(902) 407-7373
(902) 407-7374
www.kwhalifax.com/