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Renanza Realty
For sale

340 Reserve Street

Glace Bay, Nova Scotia

MLS® 202627088

$650,000

Status
Active
Property type
Business
MLS® number
202627088
Bedrooms
—
Bathrooms
—
Year built
—

Listing description

Spacious commercial building situated on a large 100 ft x 600 ft lot in Glace Bay, offering excellent investment and development potential. The property currently features three well-maintained two-bedroom apartments, with room to expand and add additional units. The building also includes a generous commercial space ideal for retail, storage, or a variety of business uses.

A large overhang door allows for easy vehicle access, making it especially well-suited for contractors, construction or roofing companies needing secure equipment and material storage. This property is also an excellent option for seasonal vehicle storage, providing a practical solution for cars, trucks, or recreational vehicles during the winter months. The expansive rear lot adds even more versatility, with plenty of space for additional outdoor storage such as sea cans or the potential to develop a self-storage operation.

Designed for efficiency and comfort, the residential units are well insulated and heated with electric heat, while the commercial space is equipped with both oil heat and a heat pump for year-round climate control. The property offers ample on-site parking and is located in a convenient, high-visibility area. With its large lot and flexible layout, this property presents a rare opportunity for investors, business owners, or developers looking to maximize both residential and commercial income streams.

Property summary

MLS® number
202627088
Property type
Business
Title
Freehold
Land size
1.3805 acres
Parking
Gravel
Days on market
4 days

Features & details

Heating
Heat Pump, Baseboard heaters, Electric, Ductless
Cooling
Air Conditioned
Flooring
Concrete

What would this home cost you?

Based on the $650,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$3,024 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX Park Place Inc., Sydney.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.