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Commercial Sale For Sale

1,656 Sqft - 1 Queen Street, Truro, NS B2N 2A7

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Property Description

Well-located mixed-use building in the heart of downtown Truro offering immediate residential income with significant commercial upside. The property features three fully occupied residential units (one 3-bedroom and two 2-bedroom apartments) with tenants paying their own utilities, providing stable cash flow. The main floor includes two high-exposure commercial units fronting Queen Street, currently vacant, offering an excellent value-add opportunity for an investor or owner-user. One unit was previously leased at $2,500 + HST per month owner suggests a potential rental rate of approximately $2,000 + HST per month, subject to market conditions and lease terms., with strong demand for retail, office, or service-based uses in this high-traffic location. Recent updates include vinyl windows, flooring, and ductless heat pumps. The building benefits from excellent visibility, walkable amenities, public parking nearby, and flexible commercial zoning. Ideal for investors seeking a mixed-use asset with upside through commercial lease-up, or an owner-operator looking to occupy one unit while benefiting from residential income. Financials, leases are available upon request

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Virtual Tour
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Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 202527836
Price : C$825000
Square Footage : 1,656 Sqft
Lot Area : 0.12 Acre
Status : Active
Listing Status : ACTIVE
Property Sub Type : Retail
Roof : Asphalt
Features
Heating System : Ductless
Cooling System : Air Conditioning
Parking : Public Parking, Parking Spaces(s), Dirt
Window Features : Display Window(s)
Utilities : Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Phone Connected, Electric
Flooring : Wood
Address Map
Location Text : 1 Queen Street, Truro, NS B2N 2A7
County : Colchester
City : Truro
Postal Code : B2N 2A7
Street : Queen
Street Number : 1
Street Suffix : Street
Longitude : W64° 42' 47.3''
Latitude : N45° 22' 1.5''
Directions : Prince street to Elm to Queen
Mls Area Major : 104-Truro / Bible Hill
Zoning : DC
Property Details
Price Per SQFT : $ 0
Search Price : $ 0
Office Name : Royal LePage Truro Real Estate
Agent Name : Wil Walusimbi
Sales History
Previous Price : $ 0
Original Price : $ 0
Selling Price : $ 0
Neighborhood Details
:
Additional Information
Water Source : Municipal
Virtual Tour : https://youtu.be/Yl677HwnWgE
Stories : 2
Lot Features : Shopping Nearby, Visual Exposure, Under 0.5 Acres
Construction Materials : Block
Business Type : Other,Residential
Building Size : 1656
Listing Information
List Agent Mls Id : NS24328
List Office Mls Id : N7268
Mls Status : ACTIVE
Modification Timestamp : 2025-12-17T14:34:09Z
Originating System Name : NSAR
Commercial Sale For Sale
  • Listing ID : 202527836
  • Square Footage : 1,656 Sqft
  • Visits : 35 in 34 days
C$825000
Agent info
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