Listing

526-534 East River Road, New Glasgow NS

0 Sqft - 526-534 East River Road, Nova Scotia, Canada

Property Description

Located on busy East River Road, this property features two strip centre style buildings with retail and office uses. All units in excellent condition. Large parking area with accessibility from East River Road, Granville and Frederick Streets. Perfect investment property or an owner occupied use with additional Tenancy.

 

Summary
Asking Price $ 1,290,000
Gross Building Area 3,900 sq ft. +/-
4,225 sq ft. +/-(Two buildings)
Land Area 22,108 sq ft.

 

Tenancy                                      Size                   Monthly Rent      Term Expiry
Co-operators Insurance          1,425 sq. ft.       $ 1,750.00            Nov 30, 2022
John Howard Society              1,600 sq. ft.       $ 2,500.00          April 15, 2022
John Howard Society              1,300 sq. ft.       $ 1,300.00          May 31, 2024
The Medicine Shop                  1,500 sq. ft.       $ 2,420.00          August 31, 2024
Community Hearing                1,200 sq. ft.       $ 1,725.00           September 30, 2025
RA Douglas                                1,000 sq. ft.       $ 750.00             Month-Month
Vacant
(Liberal Election Use               1,500 sq. ft.        $ 3,000.00        Temporary
Temp, July –Oct)
Basement Level  – Vacant

 

Annual Gross Rent:        $ 161,340
Annual Expenses:           $ 45,183
Net Operating Income: $ 116,157

Location
Country : Canada
Province : NS
Street Number : 526-534
Address : East River Road
Postal Code : B2H 3R6
Floor Number : 0
Property Details
Listing Setting
Property Type : Retail
Listing Type : For Sale
Listing ID : 1136
Price Range : Call
Lot Area : 0 Sqft
Features
Exterior building signage
On public transport route
Good anchor tenant
Ample parking nearby
High visibility
Bathroom on site
Retail For Sale
  • Listing ID : 1136
  • Lot Area : 0 Sqft
  • Visits : 215 in 66 days
Contact
Peter Constable
Peter Constable
  • Male
Associate Vice President, Retail and Commercial Real Estate Group
Attachments

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