NS
Valley
B6L2S5
620 Pictou Road
620 Pictou Road, Valley, NS B6L2S5
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Listing Type
Commercial/Industrial
Listing Status
Active
9
$4,100,000

Home Details for 620 Pictou Road

Price
$4,100,000
Type
Commercial Sale
Year built
2020
Lot size acres
3.0013
Days on site
45
Listing #
202609618
Property Description

Strategic Investment & Development Opportunity! Well-located high quality income producing commercial property situated in a high-traffic area within the expanding Valley/Truro growth corridor. The asset is 6 years young and secured by long-term 15 years leases with national tenants including McDonalds and Parkland Fuel, providing stable in-place income and low operational complexity. The offering includes approximately 3 acres of land, with ~1 acre of surplus vacant land available for development. Flexible commercial zoning allows for a range of future uses, including self-storage, retail plaza, or mixed-use commercial. There is a massive, multi-phase housing development nearby. It is planned to bring roughly 2,300 to 2,500+ residential units to the area over the next 20 years. This will create a lot of needs for the commercials around the area and increase the value of the property over the years. This is a rare opportunity to own a high quality asset provides a combination of steady fixed income and future growth! (id:31684)

Property Features
  • Cooling Information
    • Heat Pump
Listing Courtesy: Keller Williams Select Realty
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EXIT REALTY SPECIALISTS
6363 Lady Hammond Rd., Halifax, NS B3K 2S2
Jatender Sachdev
License #: NS17654
Management
Office
506 663 5787
Agent
902 989 5205
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