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Home NS Cape Breton Cape Breton County Cape Breton Municipality Sydney Mines
2 Elliot Street
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2 Elliot Street $449,000
$449,000
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2 Elliot Street
Sydney Mines, Nova Scotia B1V3G1

MLS® Number: 202528028

Listing Description

A Rare Turnkey Business Opportunity The Underground! Looking for a well-established, income-generating business with huge potential? Here it is The Underground! This sale includes the building, land, business, and all remaining inventory, offering a complete turnkey package for an ambitious investor or entrepreneur. The main level features five fully rented commercial units plus an owners office, providing steady, consistent income. The building is wheelchair accessible and includes two private washrooms upstairs and two multi-service washrooms on the lower level. Downstairs youll find The Underground Bar a well-known local entertainment venue included with the sale. The business comes with: The name and goodwill All remaining inventory at closing A 10,000-watt PA system, light show, and two overhead projection TVs A second PA system for background music Commercial dishwasher, draft cooler, two freezers, fridge, stove, and two patio heaters A newly added outdoor patio provides an inviting space for guests during warmer months, expanding the venues capacity and appeal. With solid rental income upstairs and an established, fully equipped bar business downstairs, this property represents an exceptional turnkey investment. Dont miss this unique opportunity to own a piece of local nightlife with multiple income streams already in place! (231634955)

Location Description

Main St Sydney Mines to Elliot Street

Property Summary

Property Type
Business
Community Name
Sydney Mines
Title
Freehold
Land Size
0.198 ac
Built in
1972
Parking Type
Gravel, Parking Space(s), Paved Yard
Time on REALTOR.ca
32 days

Price and Sale History

Date Status Price
Nov 29, 2011 Sale Closed $22,500

Building

Interior Features
Flooring
Other
Building Features
Construction Material
Concrete block
Utilities
Water
Municipal water
Business
Business Type
Other (Other)
Neighbourhood Features
Community Features
High Traffic Area
Amenities Nearby
Public Transit, Shopping
Parking
Parking Type
Gravel, Parking Space(s), Paved Yard

Measurements

Total Finished Area
8122 sqft

Land

Lot Features
Land Disposition
Cleared
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Sheila O'Neil-McKinnon