5968 Highway 1, Cambridge, NS

$429,000

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5,245

Square feet

0.34

Acres

About 5968 Highway 1

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. 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!

Features of 5968 Highway 1

MLS® # 202501098
Price $429,000
Square Footage 5,245
Acres 0.34
Year Built 1960
Type Commercial Sale
Sub-Type Retail
Status Active

Community Information

Address 5968 Highway 1
Area Annapolis Valley
District Kings County
Sub-District V2
City Cambridge
County Kings
Province NS
Postal Code B0P 1G0

Amenities

Utilities Electric, Cable Connected, Electricity Connected, Sewer Connected, Phone Connected, Well
Features Laundry Facility
Parking Public Parking, Paved
Is Waterfront No
Has Pool No

Interior

Heating Baseboard, Ductless
Fireplace No
# of Stories 2
Has Basement No

Exterior

Lot Description Under 0.5 Acres, Cleared, Near Public Transit
Roof Asphalt, Metal
Construction Block, Concrete

Additional Information

Zoning C3

Listing Details

OfficeRoyal LePage Atlantic (New Minas)

Listing Map

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