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$299,000
For Sale
8,000 sqft. 37 days on market
125 Reserve Street, Glace Bay 5 photos
Type
Business
Age
N/A
MLA/TLA
8,000 8,000
2025 Assessment & Tax
$397,400 $20,307
Lot Size
225,641 sqft (5.2 acres)
Building Dimensions
N/A
Listing History
3 events over 1 months
Historical Assessment
15% increase (2021-2025)
Land Registry Records
27 (1979 - 2010)
Pamela Morrison ViewPoint REALTOR® 902-565-5184
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Realtor Info
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Subdistrict
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MLS® Zoning
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Postal Code
B1A 4W5
Showing Instructions
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Lockbox Location
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Listing Agent(s)
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Selling Agent(s)
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Discover this community staple retail business positioned in a high-traffic locations, with owned and leased real estate, offering experienced hands on retail operators an attractive choice to capitalize on consistent revenue streams and the... Discover this community staple retail business positioned in a high-traffic locations, with owned and leased real estate, offering experienced hands on retail operators an attractive choice to capitalize on consistent revenue streams and the ability to create immediate increased profitability. This location is leased, approximately 8,000 sft - $72k (property tax included). There is also an opportunity to acquire an additional 1 or 2 stores located in CBRM. - Annual revenues growing at a rate of 8%. - Consistent Gross profit margins of 45% - Ideal locations in the communities served, long history of customer patronage from a broad customer base. Based on the current owners length of time in business, he's certain each location's profit can be increased by $50k or more with a hands on owner who is engaged with the community and managing inventory more appropriately. Read More

Listing ID: 202527139 PID: 15397474

The above information is from sources deemed reliable but it should not be relied upon without independent verification.

NSAR IDX Reciprocity listings are displayed in accordance with NSAR's IDX Agreements and property information is provided under copyright (C) by the Nova Scotia Association of REALTORS®.

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