1990 Hammonds Plains Road, Lot 4B
Hammonds Plains, Nova Scotia
Building
Stats
- Property Type Retail - Neighborhood Center
- Building size (SF) 3,756
- Size (Ac) 0.65
- Price $879,000 CAD
- Zoning MU-1 Zone (Mixed Use 1 Zone)
Overview
1990 Hammonds Plains Road is a fully leased three-unit commercial/residential property with additional unlocked future value from its unleased lighthouse structure.
Occupying the entire first level of the main building is longstanding food and beverage tenant, "Acadian Fish & Chips". This tenant has a continuing, yet flexible lease and has been in successful operation for over 4 years. Their space contains a cash counter, large customer seating area, fully equipped kitchen with grease venting equipment, storage spaces, two finished bathrooms and a mechanical room. The exterior of this level contains a wood-construction patio with picnic table seating for its customers. Accessed by the rear of the building, the second level of the main structure contains two private fully leased 1-bedroom 1-bathroom residential residences, each with patios and above average finishes. Both tenants are on fixed-term yearly leases. The property is made accessible by a wide main egress and a 15-space paved asphalt parking lot. At the back left corner, the property's prominent lighthouse offers investors an additional untapped leasing revenue stream as a perfect venue for ice cream or other quick serve food sales opportunities.