620 Pictou Road,Valley, NS B6L2S5
Valley, NS B6L2S5
Description
Strategic Investment & Development Opportunity! Well-located high quality income producing commercial property situated in a high-traffic area within the expanding Valley/Truro growth corridor. The asset is 6 years young and secured by long-term 15 years leases with national tenants including McDonalds and Parkland Fuel, providing stable in-place income and low operational complexity. The offering includes approximately 3 acres of land, with ~1 acre of surplus vacant land available for development. Flexible commercial zoning allows for a range of future uses, including self-storage, retail plaza, or mixed-use commercial. There is a massive, multi-phase housing development nearby. It is planned to bring roughly 2,300 to 2,500+ residential units to the area over the next 20 years. This will create a lot of needs for the commercials around the area and increase the value of the property over the years. This is a rare opportunity to own a high quality asset provides a combination of steady fixed income and future growth! (id:374)
Details
| MLS # | 202609618 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 2020 |
| Days On Site | 176 |
| Listing Provided By | Keller Williams Select Realty | Fan Yang |
Features
| SQ Feet | 5,732 |
|---|---|
| Acreage | 3.00 |
Interior
| Cooling | Heat Pump |
|---|---|
| Heating | Heat Pump, Electric |
| Fireplace Yes / No | No |
Exterior
| Security Features | Alarm system, Smoke Detectors, Sprinkler System-Fire, Monitored Alarm |
|---|---|
| Construction Materials | Concrete Walls |
Parking
| Parking Features | Paved Yard, Parking Space(s) |
|---|
Utilities
| Water Source | Drilled Well |
|---|
Area Information
| Province | NS |
|---|---|
| City | Valley |
| Postal Code | B6L2S5 |
| Listing VS Median (in B6L2S5) | |
Price: $4,100,000 low | high Med: $4,100,000 sqft: 5,732 low | high Med: 5,732 $ / sqft: $715 low | high Med: $715 On site: 176 low | high Med: 176 | |
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Learn More About This Property
| Province | NS |
|---|---|
| City | Valley |
| Postal Code | B6L2S5 |
| Listing VS Median (in B6L2S5) | |
Price: $4,100,000 low | high Med: $4,100,000 sqft: 5,732 low | high Med: 5,732 $ / sqft: $715 low | high Med: $715 On site: 176 low | high Med: 176 | |
