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Home NS Kings Subdivision A
5968 Highway 1
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5968 Highway 1 $479,900
$479,900
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5968 Highway 1
Cambridge, Nova Scotia B0P1G0

MLS® Number: 202501099

Listing Description

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. A centrally located shared laundry facility adds value and convenience for residents. 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! (230315732)

Location Description

Exit 14, turn West on Highway 1 to civic on left

Property Summary

Property Type
Multi-family
Building Type
Triplex
Community Name
Cambridge
Title
Freehold
Land Size
0.3398 ac
Built in
1960
Time on REALTOR.ca
79 days

Building

Interior Features
Appliances Included
Stove, Dryer - Electric, Washer, Refrigerator
Flooring
Laminate
Basement Type
Full (Unfinished)
Building Features
Foundation Type
Block, Concrete Perimeter
Utilities
Utility Sewer
Municipal sewage system
Water
Drilled Well
Exterior Features
Exterior Finish
Vinyl
Neighbourhood Features
Community Features
School Bus
Amenities Nearby
Public Transit, Shopping, Place of Worship
Data provided by: Nova Scotia Association of REALTORS® 112 - 68 Highfield Park Drive, Dartmouth, Nova Scotia B3A 0E4

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