CANSGlace Bay125 Reserve St
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125 Reserve St, Glace Bay, NS

Real Estate

For Sale

Listed price in listed location currency (CAD).
$299,000

000

MLS® 202527139

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size 8000 sqft
Garage No
Maintenance Fees 
Taxes 
Days Active 0
Approx. Age 
Avg. Price Per Sqft $37
MLS® Number 202527139

Property Address: 125 Reserve St, Glace Bay, NS, B1A4W3

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number202527139
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 3, 2025List Date
$299,000List Price
  • Commute

Commute

Starting Address
Destination Address
125 Reserve St, Glace Bay, NS

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