Primary photo of 785 105 Highway, Boularderie East
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Business For Sale

$299,999

785 105 Highway

MLS® Number: 202605958

Land Size

1.28

About This Property

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 Details

Interior Details

Flooring

Other

Building & Exterior

Building Features

Living Accommodation

Parking Features

Paved Yard, Parking Space(s)

Land & Location

City Region

Boularderie East

Community Features

High Traffic Area

Lot Size Area

1.28 acres

Lot Size Dimensions

1.28

Parcel Number

85076370

Postal Code

B1X1J6

View

Lake view, Ocean view, View of water, Harbour

Listing & Financials

Listing Office

RE/MAX Park Place Inc.

Originating System Name

Nova Scotia Association of REALTORS®

Other Specifications

Common Interest

Freehold

Country

Canada

Mortgage Calculator

20% ($60,000)
5.5%
25 Years

Estimated Monthly Payment

$1,474

Principal and interest only. Actual rates may vary.

Location & Map

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