281 Townsend, Sydney, NS B1P 5E7

0 Beds

n/a Baths

1,350 SqFt

Active

EXCELLENT OPPORTUNITY FOR THE RESTAURANT ENTREPRENEUR OR THE REAL ESTATE INVESTOR!!! 1) This fully equipped turn key restaurant could be your opportunity to quickly fulfill your dream of owning and operating your own business. Long established restaurant location. High traffic street with excellent exposure. Seats 10 to 12 customers. Bonus of income from 2 residential apartments. 2) As a real estate investment, let the income from the commercial tenant (1) and the residential tenants (2) provide you with a healthy rate of return. Gross annual income $27000. Net annual return $19472. Commercial space rents for $1250/month (tenant pays heat, lights & propane). Apartments rent for $600 and $400/month ( including heat & lights ).

Property Details
Price $119,900
Lot Size 4000
Subdivision N/A
Roof Asphalt Shingle
Heating Baseboard,Furnace,Hot Water
Parking Description Yes
Geographic Data
County Cape Breton
Latitude 46.1359479
Longitude -60.1859206
Market Area Cape Breton
Address Information
Address 281 Townsend
Postal Code B1P 5E7
City Sydney
State NS
Country Canada
Listing Information
Listing Office Keller Williams Select Realty(Sydney,Townsend St.)
Listing Agent Les MacLean
MLS Information
MLS Status Active
MLS Area Cape Breton
MLS # 201824349

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