565 Stellarton Road
106-New Glasgow, Stellarton New Glasgow B2H 1C5

$398,000
Commercial 3,224 sq. ft. built: 1975

Main Photo: 565 Stellarton Road in New Glasgow: 106-New Glasgow, Stellarton Commercial for sale or lease (Northern Region)  : MLS®# 202017788
Photo 1: 565 Stellarton Road in New Glasgow: 106-New Glasgow, Stellarton Commercial for sale or lease (Northern Region)  : MLS®# 202017788
Photo 2: 565 Stellarton Road in New Glasgow: 106-New Glasgow, Stellarton Commercial for sale or lease (Northern Region)  : MLS®# 202017788
Photo 3: 565 Stellarton Road in New Glasgow: 106-New Glasgow, Stellarton Commercial for sale or lease (Northern Region)  : MLS®# 202017788
Photo 4: 565 Stellarton Road in New Glasgow: 106-New Glasgow, Stellarton Commercial for sale or lease (Northern Region)  : MLS®# 202017788
Photo 5: 565 Stellarton Road in New Glasgow: 106-New Glasgow, Stellarton Commercial for sale or lease (Northern Region)  : MLS®# 202017788
Photo 6: 565 Stellarton Road in New Glasgow: 106-New Glasgow, Stellarton Commercial for sale or lease (Northern Region)  : MLS®# 202017788
Photo 7: 565 Stellarton Road in New Glasgow: 106-New Glasgow, Stellarton Commercial for sale or lease (Northern Region)  : MLS®# 202017788
Status:
For Lease
Prop. Type:
Commercial
MLS® Num:
202017788
Bus Major:
Office
Crofters Restaurant, a mainstay of dining for over a decade in New Glasgow. The building can be purchased or Leased with all restaurant operating equipment including furnishings. At 3,224 sq ft. the main floor could also be converted for use as retail, office or professional service. The second floor features two, one bedroom apartments and two, two bedroom units accessed from a private entrance. Located on Stellarton Road, the building features excellent street profile and paved parking in front of the building.
Listing Sub-Area:
106-New Glasgow, Stellarton
Property Type:
Commercial
Commercial Type:
Commercial Retail
Major Bus Type:
Office, Other, Restaurant
Title To Land:
Freehold
Lease Type:
Gross
Year built:
1975 (Age: 45)
Age:
45
Main Living Area:
3,224 sq. ft.
Floor Area:
6,514 sq. ft.
Prop Size:
0.5 to 0.99 Acres
Lot Details:
15,779
Zoning:
C3
Construction:
Wood Frame
Parking:
Yes
Driveway:
Gravel, Parking Spaces(s), Paved
Parking Description:
Front Paved - 8-10 Vehicles Rear Gravel - 4-6 Vehicles
# Floors:
2
Floor Finish:
Wood
Roof:
Rolled
Heating:
Heat Pump -Ducted, Hot Water
Fuel:
Electric, Oil
Water Supply:
Municipal
Air Conditioning, Living Accommodations, Public Washrooms
All kitchen equipment, furnishings
None
No
Assessment:
231100.0
Assessment Year:
2020
Rental Income:
Yes
Net Income:
40,000
Gross Revenue:
75,000
Total Expenses:
35,000
Business Tax Payer:
Owner
Property Taxes Payer:
Owner
Heating Payer:
Owner
Hydro Payer:
Owner
Water Payer:
Owner
Insurance Payer:
Owner
Structural Maintenance Payer:
Owner
Exterior Maintenance Payer:
Owner
Interior Maintenance Payer:
Owner
Lease 1 - Type:
Retail
Lease 1 - Net Rental Area:
3,224 sq ft.
Lease 1 - Rental Rate:
3,500
Lease 2 - Type:
# Residential Units
Lease 2 - Net Rental Area:
2 Bdrm
Lease 2 - Rental Rate:
750
Lease 3 - Type:
# Residential Units
Lease 3 - Net Rental Area:
2 Bdrm
Lease 3 - Rental Rate:
750
Lease 4 - Type:
# Residential Units
Lease 4 - Net Rental Area:
1 Bdrm
Lease 4 - Rental Rate:
650
Lease 5 - Type:
# Residential Units
Lease 5 - Net Rental Area:
1 Bdrm
Lease 5 - Rental Rate:
600
Lease 6 - Type:
# Residential Units
Possession Info:
TBA
  • Photo 1: 565 Stellarton Road in New Glasgow: 106-New Glasgow, Stellarton Commercial for sale or lease (Northern Region)  : MLS®# 202017788
    Photo 1 of 7
  • Photo 2: 565 Stellarton Road in New Glasgow: 106-New Glasgow, Stellarton Commercial for sale or lease (Northern Region)  : MLS®# 202017788
    Photo 2 of 7
  • Photo 3: 565 Stellarton Road in New Glasgow: 106-New Glasgow, Stellarton Commercial for sale or lease (Northern Region)  : MLS®# 202017788
    Photo 3 of 7
  • Photo 4: 565 Stellarton Road in New Glasgow: 106-New Glasgow, Stellarton Commercial for sale or lease (Northern Region)  : MLS®# 202017788
    Photo 4 of 7
  • Photo 5: 565 Stellarton Road in New Glasgow: 106-New Glasgow, Stellarton Commercial for sale or lease (Northern Region)  : MLS®# 202017788
    Photo 5 of 7
  • Photo 6: 565 Stellarton Road in New Glasgow: 106-New Glasgow, Stellarton Commercial for sale or lease (Northern Region)  : MLS®# 202017788
    Photo 6 of 7
  • Photo 7: 565 Stellarton Road in New Glasgow: 106-New Glasgow, Stellarton Commercial for sale or lease (Northern Region)  : MLS®# 202017788
    Photo 7 of 7
Listed by Real Estate 360 Property Advisory Limited
Data was last updated December 2, 2020 at 11:20 AM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$348,500
Min list price:
$139,900
Max list price:
$1,448,000
Avg days on market:
94
Min days on market:
47
Max days on market:
331
Avg price per sq.ft.:
$110.75
These statistics are generated based on the current listing's property type and located in Northern Region. Average values are derived using median calculations.