
For Sale
$429,000
MLS® Number: 202501098
Land Size
0.34
For Sale
$429,000
Land Size
0.34
5968 Highway 1, Cambridge, Nova Scotia
About This Property
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 oftenschedule a viewing today before this exceptional investment slips away!
Property Details
Interior Details
Cooling
Heat Pump
Flooring
Other
Building & Exterior
Building Features
Laundry Facility
Parking Features
Paved Yard
Year Built
1960
Land & Location
City Region
Cambridge
Lot Size Area
0.3398 acres
Lot Size Dimensions
0.3398
Parcel Number
55157739
Listing & Financials
Listing Office
Royal LePage Atlantic (New Minas)
Originating System Name
Nova Scotia Association of REALTORS®
Other Specifications
Co List Agent National Association Id
1453402
Co List Office National Association Id
1007156
Common Interest
Freehold
Country
Canada
Listed By
Royal LePage Atlantic (New Minas)
Mortgage Calculator
Estimated Monthly Payment
$2,108
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$2,108
Principal and interest only. Actual rates may vary.