6
See all 6 photos
$589,000
Est. payment /mo
6,398 Sqft Lot
Active
238 Commercial North Sydney, NS B2A1B7
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision North Sydney
MLS® Listing ID 202510679
Lot Size 6,398 Sqft
Acres 0.1469
Property Sub-Type Freehold
Source Nova Scotia Association of REALTORS®
Property Description
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. The price includes the other 2 store locations (Glace Bay and Syndey Mines areas), and there's an option to purchase individually. - 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. (id:24570)
Location
Province NS
Rooms
Kitchen 0.0
Interior
Cooling Heat Pump
Flooring Other
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Freehold
Listed by EXP Realty of Canada Inc.