Introducing an exceptional opportunity to acquire a prime commercial building located on one of the main streets of downtown Sydney, offering unparalleled visibility and accessibility. This fully occupied property boasts a diverse group of high-quality tenants, ensuring a steady income stream and making it a fantastic investment. The building has been meticulously maintained by the current owner, reflecting a commitment to excellence and tenant satisfaction. With 28 dedicated parking spots available at the rear, convenience is a key feature for both tenants and their customers. Notably, the current asking price presents an impressive cap rate of over 10 percent, underscoring the property's potential for strong returns. Don't miss out on this remarkable investment opportunity in a vibrant and bustling urban environment! (id:13843)
MLS# | 202505328 |
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Listing Type | For Sale |
Status | Active |
Days On Site | 40 |
Listing Provided By | Coldwell Banker Boardwalk Realty | Joe McDonald |
SQ Feet | 13,000 |
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Acreage | 0.65 |
Province | NS |
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City | Sydney |
Postal Code | B1P1J7 |
Listing VS Median (in B1P1J7) | |
Price: $929,000 low | high Med: $1,714,500 SqFt: 13,000 low | high Med: 21,500 $ / SqFt: $71 low | high Med: $77 On site: 40 low | high Med: 51.000000 |