Heat Pump
$1,350,000
Prime mixed-use (MU-1 zoned) commercial property spanning 28,441 sqft on bustling Hammonds Plains Road, ideally positioned near Glen Arbour Golf Course and connecting Sackville to Bedford. This high-traffic corridor is rapidly growing, with new plazas enhancing the areas commercial vibrancy. The site features 2buildings: 1. Main Building: Ground Floor: Leased to a thriving fish & chips/pizza restaurant (kitchen equipment owned by property owner), featuring separate electrical meter, hot water tank, ducted HVAC, and2 propane tanks. Upper Floor: Two 1-bedroom apartments (unit 2 was renovated in 2023), each with private laundry, kitchen appliances, and separate meters. Both units are rented at market rates. 2. LighthouseStructure: Unfinished but powered, offering immediate potential to convert into retail/rental space for added income. Development Potential: The rear portion of the lot remains undeveloped, presenting opportunities for expansion or new construction under MU-1 zoning (mixed residential/commercial). Ideal for investors seeking stable cash flow + upside through strategic upgrades or land utilization. High visibility, proven tenancy, and growth in a booming corridorperfect for hands-on investors or developers. (id:45785)
Business
Business Type
|
Restaurant, Residential |
Business Sub Type
|
Restaurant, Residential |
Property Details
MLS® Number
|
202512319 |
Property Type
|
Other |
Neigbourhood
|
Glen Arbour |
Community Name
|
Hammonds Plains |
Building
Amenities
|
Air Conditioning, Living Accommodation |
Constructed Date
|
2012 |
Construction Material
|
Concrete Walls, Wood Frame |
Cooling Type
|
Heat Pump |
Flooring Type
|
Wood |
Total Finished Area
|
3890 Sqft |
Utility Water
|
Ground-level Well |
Parking
Parking Space(s)
|
|
Paved Yard
|
|
Land
Acreage
|
No |
Size Irregular
|
0.6529 |
Size Total
|
0.6529 Ac |
Size Total Text
|
0.6529 Ac |
https://www.realtor.ca/real-estate/28367673/1990-hammonds-plains-road-hammonds-plains-hammonds-plains