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Commercial Sale For Sale

18,500 Sqft - 15 Main Street, Springhill, NS B0M 1X0

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Property Description

This freestanding Foodland property is leased on a fully net basis to Sobeys, with the tenant responsible for all maintenance, repair, replacement to the premises and operating costs including, without limitation, the roof membrane, roof deck and flashing, HVAC, non-load bearing walls and parking facilities; the landlord is responsible for a very narrow definition of structure as defined in the lease. Located on Main Street, the town’s dominant commercial corridor, the property is the only full-service grocery store in Springhill and a key anchor for essential retail in the trade area. A Nova Scotia Liquor Corporation outlet, constructed by Sobeys at their cost and sublet to NSLC, further enhances the site’s customer draw and demonstrates the tenant’s long-term commitment to the location. With below-market rents, below-replacement-cost pricing, and a national covenant, the asset provides investors with secure income and strong fundamentals in a stable market.

Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 202527777
Price : C$1350000
Square Footage : 18,500 Sqft
Year Built : 1990
Lot Area : 1.37 Acre
Status : Active
Listing Status : ACTIVE
Property Sub Type : Retail
Roof : Rolled/Hot Mop
Features
Heating System : Heat Pump, Forced Air, Baseboard, Space Heater
Parking : Paved
Utilities : Electric
Flooring : See Remarks
Address Map
Location Text : 15 Main Street, Springhill, NS B0M 1X0
County : Cumberland
City : Springhill
Postal Code : B0M 1X0
Street : Main
Street Number : 15
Street Suffix : Street
Longitude : W65° 56' 25.3''
Latitude : N45° 38' 54.7''
Directions : Foodland is located on Main Street in the heart of Springhill, Nova Scotia.
Mls Area Major : 102S-South of Hwy 104, Parrsboro and Area
Zoning : CDwn
Property Details
Price Per SQFT : $ 0
Search Price : $ 0
Office Name : MackCo Retail Partners Inc
Agent Name : Peter Mackenzie
Sales History
Previous Price : $ 0
Original Price : $ 0
Selling Price : $ 0
Neighborhood Details
:
Additional Information
Water Source : Municipal
Lot Features : 1 to 2.99 Acres
Business Type : Other
Building Size : 18500
Listing Information
List Agent Mls Id : NM10634
List Office Mls Id : N25382
Mls Status : ACTIVE
Modification Timestamp : 2025-11-12T22:40:27Z
Originating System Name : NSAR
Commercial Sale For Sale
  • Listing ID : 202527777
  • Square Footage : 18,500 Sqft
  • Visits : 2
C$1350000
Agent info
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