2 Archibald Avenue North Sydney, Nova Scotia B2A 1B5
$739,900
This solid income-producing multi-unit building was originally constructed as a bank and offers exceptional bones designed to stand the test of time. Located in a high-traffic area in the heart of downtown North Sydney, this property provides outstanding visibility and exposure for business owners and investors alike. The main level features three commercial units, two are currently tenanted, providing immediate cash flow for the new owner. Upstairs, youll find a fully gutted and renovated two-bedroom apartment, thoughtfully updated with complete rewiring and spray foam insulation throughout, offering modern comfort and peace of mind. In addition, the property includes a large loft space with excellent potential for conversion into a four-bedroom apartment or additional commercial unit, allowing for future value-add opportunities. Recent upgrades include heat pumps, a new furnace, vinyl windows, and plumbing improvements. Just two minutes from the ferry terminal, central to the cabot trail and surrounded by amenities, this prime downtown location makes the property a standout investment opportunity with both current income and future upside. (id:45785)
Business
| Business Type | Other, Residential |
| Business Sub Type | Other, Residential |
Property Details
| MLS® Number | 202603481 |
| Property Type | Retail |
| Community Name | North Sydney |
| Amenities Near By | Public Transit, Shopping |
| Community Features | High Traffic Area |
| View Type | Harbour |
Building
| Amenities | Living Accommodation |
| Constructed Date | 1907 |
| Construction Material | Concrete Walls |
| Cooling Type | Heat Pump |
| Flooring Type | Wood, Other |
| Total Finished Area | 8170 Sqft |
| Utility Water | Municipal Water |
Parking
| Parking Space(s) |
Land
| Acreage | No |
| Land Amenities | Public Transit, Shopping |
| Size Irregular | 0.1113 |
| Size Total | 0.1113 Ac |
| Size Total Text | 0.1113 Ac |
https://www.realtor.ca/real-estate/29406279/2-archibald-avenue-north-sydney-north-sydney
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March 04 2026 08:11:58
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