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Commercial Sale For Sale

8,000 Sqft - 125 Reserve Street, Glace Bay, NS B1A 4W5

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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. 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.

Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 202527139
Price : C$299000
Square Footage : 8,000 Sqft
Lot Area : 5.18 Acre
Status : Active
Listing Status : ACTIVE
Property Sub Type : Business
Roof : Other
Features
Heating System : Other Heating/Cooling
Cooling System : Other Heating/Cooling
Parking : Paved, Parking Spaces(s)
Flooring : Other
Address Map
Location Text : 125 Reserve Street, Glace Bay, NS B1A 4W5
County : Cape Breton
City : Glace Bay
Postal Code : B1A 4W5
Street : Reserve Street
Street Number : 125
Longitude : W60° 1' 40.9''
Latitude : N46° 11' 28.3''
Directions : via Peacekeepers Wy/NS-125 E and NS-4
Mls Area Major : 203-Glace Bay
Zoning : Commercial
Property Details
Price Per SQFT : $ 0
Search Price : $ 0
Office Name : EXP Realty of Canada Inc.
Agent Name : Timothy Blais
Sales History
Previous Price : $ 0
Original Price : $ 0
Selling Price : $ 0
Neighborhood Details
:
Additional Information
Water Source : Other
Lot Features : 3 to 9.99 Acres
Business Type : Shopping Centre
Building Size : 8000
Listing Information
List Agent Mls Id : NM14050
List Office Mls Id : N19025
Mls Status : ACTIVE
Modification Timestamp : 2025-12-03T09:58:29Z
Originating System Name : NSAR
Commercial Sale For Sale
  • Listing ID : 202527139
  • Square Footage : 8,000 Sqft
  • Visits : 26 in 53 days
C$299000
Agent info
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