125 Reserve Street Glace Bay, Nova Scotia B1A 4W5
$299,000
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. (id:45785)
Business
| Business Type | Retail and Wholesale |
| Business Sub Type | Shopping center |
Property Details
| MLS® Number | 202524339 |
| Property Type | Business |
| Neigbourhood | East Slope |
| Community Name | Glace Bay |
Building
| Flooring Type | Other |
| Total Finished Area | 8000 Sqft |
| Utility Water | Unknown |
Parking
| Parking Space(s) | |
| Paved Yard |
Land
| Acreage | Yes |
| Size Irregular | 5.18 |
| Size Total | 5.18 Ac |
| Size Total Text | 5.18 Ac |
https://www.realtor.ca/real-estate/28912719/125-reserve-street-glace-bay-glace-bay
Contact Us
Contact us for more information
Timothy Blais
1959 Upper Water Street, Suite 1301
Halifax, Nova Scotia B3J 3N2
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
September 25 2025 06:07:07
Nova Scotia Association of REALTORS®
Exp Realty Of Canada Inc.