5968 Highway 1, Cambridge, NS

$479,900

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4

Beds

0.34

Acres

About 5968 Highway 1

This prime mixed-use property on Highway 1 in Cambridge offers exceptional visibility and tremendous investment potential. With the income-generating combination of both residential and commercial spaces, this building presents an unmatched opportunity for savvy investors looking to capitalize on both immediate and future growth. Zoned C3, the possibilities are virtually limitless, including potential for further development or diversification. There are three well-maintained apartments. Two 1-bedroom/1-bath units, and a spacious 2-bedroom/1-bath, two-level apartment. A centrally located shared laundry facility adds value and convenience for residents. All tenants are on fixed leases. The street-front retail area is currently home to a single established retail business. However, with minimal effort, this can be reconfigured into two separate commercial units to increase income potential and diversify the revenue stream. The building offers an efficient shipping and receiving area on the ground level for the commercial tenants.There is generous parking space available for both residents and commercial tenants, with convenient access for guests and deliveries. Opportunities like this do not come often—schedule a viewing today before this exceptional investment slips away!

Features of 5968 Highway 1

MLS® # 202501099
Price $479,900
Bedrooms 4
Bathrooms 0.00
Acres 0.34
Year Built 1960
Type Residential Income
Sub-Type Triplex
Status Active

Community Information

Address 5968 Highway 1
Area Annapolis Valley
Subdivision V2
City Cambridge
County Kings
Province NS
Postal Code B0P 1G0

Amenities

Utilities Electricity Connected
Parking Paved
Is Waterfront No
Has Pool No

Interior

Appliances Stove, Dryer - Electric, Washer, Refrigerator, Dryer
Heating Baseboard, Ductless
Fireplace No
Has Basement Yes
Basement Full, Unfinished

Exterior

Lot Description Under 0.5 Acres
Roof Asphalt, Metal
Construction Vinyl Siding
Foundation Block, Concrete Perimeter

School Information

Elementary Cambridge And District Elementary School
High Central Kings Rural High School

Additional Information

Days on Market 65
Zoning C3

Listing Details

OfficeRoyal LePage Atlantic (New Minas)

Listing Map

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