526-534 N East River Road
106-New Glasgow, Stellarton New Glasgow B2H 3R5

$1,290,000
Commercial 8,125 sq. ft. built: 1986

Main Photo: 526-534 N East River Road in New Glasgow: 106-New Glasgow, Stellarton Commercial for sale (Northern Region)  : MLS®# 202118040
Photo 1: 526-534 N East River Road in New Glasgow: 106-New Glasgow, Stellarton Commercial for sale (Northern Region)  : MLS®# 202118040
Photo 2: 526-534 N East River Road in New Glasgow: 106-New Glasgow, Stellarton Commercial for sale (Northern Region)  : MLS®# 202118040
Photo 3: 526-534 N East River Road in New Glasgow: 106-New Glasgow, Stellarton Commercial for sale (Northern Region)  : MLS®# 202118040
Photo 4: 526-534 N East River Road in New Glasgow: 106-New Glasgow, Stellarton Commercial for sale (Northern Region)  : MLS®# 202118040
Photo 5: 526-534 N East River Road in New Glasgow: 106-New Glasgow, Stellarton Commercial for sale (Northern Region)  : MLS®# 202118040
Photo 6: 526-534 N East River Road in New Glasgow: 106-New Glasgow, Stellarton Commercial for sale (Northern Region)  : MLS®# 202118040
Photo 7: 526-534 N East River Road in New Glasgow: 106-New Glasgow, Stellarton Commercial for sale (Northern Region)  : MLS®# 202118040
Photo 8: 526-534 N East River Road in New Glasgow: 106-New Glasgow, Stellarton Commercial for sale (Northern Region)  : MLS®# 202118040
Photo 9: 526-534 N East River Road in New Glasgow: 106-New Glasgow, Stellarton Commercial for sale (Northern Region)  : MLS®# 202118040
Photo 10: 526-534 N East River Road in New Glasgow: 106-New Glasgow, Stellarton Commercial for sale (Northern Region)  : MLS®# 202118040
Status:
Active
Prop. Type:
Commercial
MLS® Num:
202118040
Bus Major:
Office
Located on busy East River Road, this property features two strip center 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.
Listing Sub-Area:
106-New Glasgow, Stellarton
Property Type:
Commercial
Commercial Type:
Commercial Retail
Major Bus Type:
Office
Title To Land:
Freehold
Lease Type:
Net
Year built:
1986 (Age: 35)
Age:
35
Main Living Area:
8,125 sq. ft.
Floor Area:
9,125 sq. ft.
Prop Size:
0.5 to 0.99 Acres
Lot Details:
22108
Zoning:
C2
Construction:
Block, Steel Frame, Wood Frame
New Constr.:
No
Parking:
Yes
Driveway:
Paved
Parking Description:
Paved - 25-30 Vehicles
# Floors:
2
Floor Finish:
Other
Roof:
Asphalt Shingle
Heating:
Heat Pump -Ductless
Fuel:
Electric
Water Supply:
Municipal
Utilities:
Cable, Electrical, Municipal Water, Sewer
Other
Elevator/Escalator
None
No
Rental Income:
Yes
Net Income:
116157
Gross Revenue:
161340
Total Expenses:
45183
Business Tax Payer:
Owner
Property Taxes Payer:
Owner
Heating Payer:
Tenant
Hydro Payer:
Tenant
Water Payer:
Owner
Insurance Payer:
Owner
Structural Maintenance Payer:
Owner
Exterior Maintenance Payer:
Owner
Interior Maintenance Payer:
Owner
Lease 1 - Type:
Office
Lease 1 - Net Rental Area:
1425
Lease 1 - Expiration Date:
Nov 30, 2022
Lease 1 - Occupant:
Co-operators
Lease 1 - Rental Rate:
1750
Lease 2 - Type:
Office
Lease 2 - Net Rental Area:
1600
Lease 2 - Expiration Date:
April 15, 2022
Lease 2 - Occupant:
John Howard Society
Lease 2 - Rental Rate:
2500
Lease 3 - Type:
Office
Lease 3 - Net Rental Area:
1300
Lease 3 - Expiration Date:
May 31, 2024
Lease 3 - Occupant:
John Howard Society
Lease 3 - Rental Rate:
1300
Lease 4 - Type:
Retail
Lease 4 - Net Rental Area:
1500
Lease 4 - Expiration Date:
August 31, 2024
Lease 4 - Rental Rate:
2420
Lease 4 - Occupant:
Medicine Shop
Lease 5 - Type:
Retail
Lease 5 - Net Rental Area:
1200
Lease 5 - Expiration Date:
September 30, 2025
Lease 5 - Occupant:
Community Hearing
Lease 5 - Rental Rate:
1725
Lease 6 - Type:
Office
Lease 6 - Net Rental Area:
1000
Lease 6 - Rental Rate:
750
Lease 6 - Occupant:
RA Douglas
Possession Info:
TBA
  • Photo 1: 526-534 N East River Road in New Glasgow: 106-New Glasgow, Stellarton Commercial for sale (Northern Region)  : MLS®# 202118040
    Photo 1 of 10
  • Photo 2: 526-534 N East River Road in New Glasgow: 106-New Glasgow, Stellarton Commercial for sale (Northern Region)  : MLS®# 202118040
    Photo 2 of 10
  • Photo 3: 526-534 N East River Road in New Glasgow: 106-New Glasgow, Stellarton Commercial for sale (Northern Region)  : MLS®# 202118040
    Photo 3 of 10
  • Photo 4: 526-534 N East River Road in New Glasgow: 106-New Glasgow, Stellarton Commercial for sale (Northern Region)  : MLS®# 202118040
    Photo 4 of 10
  • Photo 5: 526-534 N East River Road in New Glasgow: 106-New Glasgow, Stellarton Commercial for sale (Northern Region)  : MLS®# 202118040
    Photo 5 of 10
  • Photo 6: 526-534 N East River Road in New Glasgow: 106-New Glasgow, Stellarton Commercial for sale (Northern Region)  : MLS®# 202118040
    Photo 6 of 10
  • Photo 7: 526-534 N East River Road in New Glasgow: 106-New Glasgow, Stellarton Commercial for sale (Northern Region)  : MLS®# 202118040
    Photo 7 of 10
  • Photo 8: 526-534 N East River Road in New Glasgow: 106-New Glasgow, Stellarton Commercial for sale (Northern Region)  : MLS®# 202118040
    Photo 8 of 10
  • Photo 9: 526-534 N East River Road in New Glasgow: 106-New Glasgow, Stellarton Commercial for sale (Northern Region)  : MLS®# 202118040
    Photo 9 of 10
  • Photo 10: 526-534 N East River Road in New Glasgow: 106-New Glasgow, Stellarton Commercial for sale (Northern Region)  : MLS®# 202118040
    Photo 10 of 10
Listed by Real Estate 360 Property Advisory Limited
Data was last updated September 27, 2021 at 07:20 PM (UTC)