NS
Glace Bay
B1A4W5
125 Reserve Street
125 Reserve Street, Glace Bay, NS B1A4W5
Share Listing
Listing Type
Commercial/Industrial
Listing Status
Active
5
$299,000

Home Details for 125 Reserve Street

Price
$299,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Lot size acres
5.18
Parking
Days on site
6
Listing #
202527139
Property Description

Discover this community staple retail business positioned in a high-traffic locations, with owned and leased real estate, offering experienced hands on retail operators an attractive choice to capitalize on consistent revenue streams and the ability to create immediate increased profitability. This location is leased, approximately 8,000 sft - $72k (property tax included). There is also an opportunity to acquire an additional 1 or 2 stores located in CBRM. - Annual revenues growing at a rate of 8%. - Consistent Gross profit margins of 45% - Ideal locations in the communities served, long history of customer patronage from a broad customer base. Based on the current owners length of time in business, he's certain each location's profit can be increased by $50k or more with a hands on owner who is engaged with the community and managing inventory more appropriately. (id:31684)

Property Features
    Listing Courtesy: EXP Realty of Canada Inc.
    Canadian Real Estate Association logoThe trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by and identify the quality of services provided by REALTORS®. Used under license. This information contained on this site is based in whole or in part on listing content from The Canadian Real Estate Association, which assumes no responsibility for its accuracy. This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association
    Transportation
    Check the walk, transit, and bike score for
    Neighborhood Market Statistics
    See average values in the proximity of this property
    Median Listing Price
    Median Days on Site
    Median Square Feet
    Market statistics compiled from data from Canadian Real Estate Association.
    EXIT REALTY METRO
    100 Venture Run, Suite 107, Dartmouth, NS B3B 0H9
    Max Christie
    License #: 1812169
    Sales Representative
    Office
    902 444 3948
    Agent
    902 414 1512
    Request more details
    Code: