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Home NS Cape Breton Cape Breton Municipality North Sydney
276 Commercial Street
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276 Commercial Street $777,000
$777,000
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276 Commercial Street
North Sydney, Nova Scotia B2A1B8

MLS® Number: 202420979

Listing Description

Built in 1905, initially as a bank, no expense was spared with erecting this historical building with 12 inch thick solid cement walls to withstand the test of time and still stands extra solid even for the standards of modern day. With the benefit of the visual exposure on a corner lot in a downtown setting, the main floor features 3 store fronts, each with approximately 1000 square feet of operating space. Two of these units are currently rented. The second floor has been completely gutted, rewired, spray foamed, gyprocked and 90% completed with a new modern look in the two bedroom apartment and the large loft which is currently undergoing more renovations with the potential of another 4 bedroom unit, offices or other residential/commercial uses. Other upgrades include a new furnace, heat pump, vinyl windows and a lot of newer plumbing. The basement, currently used for storage, could be developed to suit your needs. The location of this old building is directly central to Cape Breton and the door to the Cabot Trail and also within walking distance of the Newfoundland ferries. With a world of potential, this large building could serve as living/working space for the new owner while bringing income from the rented units or operate as an Airbnb to pay for the mortgage. Call or text your favourite realtor today for a tour and get started on your plan to bring your dreams to life. (229765751)

Location Description

Corner of Archibald Ave. and Commercial St.

Property Summary

Property Type
Retail
Community Name
North Sydney
Title
Freehold
Land Size
0.1114 ac
Built in
1905
Parking Type
Parking Space(s)
Time on REALTOR.ca
80 days

Building

Interior Features
Flooring
Wood, Other
Building Features
Construction Material
Concrete Walls
Building Amenities
Living Accommodation
Heating & Cooling
Cooling
Heat Pump
Utilities
Water
Municipal water
Business
Business Type
Other (Other), Residential (Residential)
Neighbourhood Features
Community Features
High Traffic Area
Amenities Nearby
Public Transit, Shopping
Parking
Parking Type
Parking Space(s)

Measurements

Total Finished Area
8174 sqft

Land

Lot Features
View
Harbour
Data provided by: Nova Scotia Association of REALTORS® 112 - 68 Highfield Park Drive, Dartmouth, Nova Scotia B3A 0E4
Valerie MacDougall