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Renanza Realty
For sale

785 105 Highway

Boularderie East, Nova Scotia

MLS® 202605958

$299,999

Status
Active
Property type
Business
MLS® number
202605958
Bedrooms
Bathrooms
Year built

Listing description

Positioned along the high-visibility corridor of Highway 105, this substantial commercial building presents a rare opportunity for investors and entrepreneurs to reimagine a space with unlimited potential. With generous square footage and a layout already designed to accommodate high capacity use, the property offers the flexibility to support a wide range of venturesfrom retail or service-based business to multi-unit residential or short-term rental development. The main level, currently configured for commercial use, provides an ideal footprint for conversion into two self-contained rental units or a combination of residential and commercial space.

Above, upper-level living area offers immediate on-site accommodation or the potential for an additional income-generating unit. The existing commercial kitchen and equipment remain in place, adding value for those who may wish to operate food service or repurpose the space creatively. Set on a property with ample land and paved parking, there is room for development or expansion, making this an excellent candidate for a mixed-use or income-producing property.

With its expansive footprint and flexible layout, this property lends itself well to income-generating conversion. A reconfiguration into multiple residential or short-term rental units could produce strong annual returns, with projected gross income in the range of $50,000$70,000 depending on use. Based on typical operating expenses, investors may achieve an attractive cap rate in todays market, with additional upside through further development or optimization of the space.

The elevated setting captures sweeping water views and the natural beauty of Kellys Mountainan added draw. Opportunities offering this level of versatility, visibility, and income potential are increasingly rare at this price point.

Property summary

MLS® number
202605958
Property type
Business
Title
Freehold
Land size
1.28 acres
Parking
Paved Yard, Parking Space(s)
Days on market
156 days

Features & details

Heating
Oil, Electric, Furnace
Flooring
Other
Community features
High Traffic Area
View
Lake view, Ocean view, View of water, Harbour

What would this home cost you?

Based on the $299,999 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$1,396 /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.

785 105 Highway, Boularderie East, Nova Scotia — For Sale | Renanza