Overview
Description
An application for Development Agreement(DA) for a 31–40 unit project has already received verbal approval in the town of New Glasgow—an area currently in need of both affordable and market-rate housing. This property could be the perfect opportunity you’ve been waiting for!Whether you're looking for move-in-ready office space, potential residential units, or secure dry storage, this versatile property has endless possibilities. The existing building, while requiring some updates, offers ample parking, off-road access, loading dock doors, and dual street frontage on both Frederick and Washington Streets—ensuring maximum convenience. Currently, the interior includes a few offices and a meeting room, while the warehouse section is easily accessible and well-suited for storage or rental use. To simplify the purchasing process, the property comes with an Application Package that will be formally approved before the buyer's final transaction.Don’t miss this exceptional investment opportunity—perfect for a multi-unit development with strong potential for government-backed financing assistance!
Contact us about this listing & It's History
Neighborhood Information
New Glasgow, NS
New Glasgow is a charming small town located in Nova Scotia, Canada. Nestled along the banks of the East River, this town is known for its rich history and vibrant community. The downtown area is a hub of activity, with numerous shops, restaurants, and cultural venues. The surrounding area is filled with picturesque landscapes, including rolling hills, lush forests, and sparkling rivers.
Living in New Glasgow offers the best of both worlds. Residents can enjoy the peace and tranquility of rural living, while still having easy access to modern amenities. However, some may find the job opportunities are limited due to the town's small size.
Popular events in the area include the Riverfront Jubilee, a music festival that attracts artists from around the country, and the New Glasgow Farmers Market, which offers a wide variety of local produce and crafts.
75
Despite its small size, New Glasgow offers a high quality of life. The community is welcoming, the scenery is beautiful, and there are plenty of opportunities for outdoor activities. Compared to other cities in Canada, it scores a solid 75 out of 100.
Search Nearby Activities70
The schools in New Glasgow are fairly good, with a strong emphasis on community involvement and extracurricular activities. However, there are limited options for higher education in the town itself. Overall, the city's schools score a 70 out of 100 compared to other cities in the country.
Search Nearby Schools60
Entertainment options in New Glasgow are somewhat limited due to its size, but what it does offer is of high quality. The Glasgow Square Theatre hosts a variety of performances throughout the year. The city's entertainment score is 60 out of 100.
Search Nearby Restaurants80
New Glasgow offers an abundance of outdoor activities, thanks to its prime location near rivers and forests. From hiking and fishing to bird watching and camping, there's something for everyone. The city earns a score of 80 for outdoor activities.
Walk Score - 82%Map
Similar Properties
Properties within the same area, priced within 20% of the listing will be evaluated on several key factors including the number of bathrooms, bedrooms, additional features, and price per square foot and several other factors. Using these comprehensive comparisons, we derive a Similarity Score to help you find the best match.Mortgage Calculator
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Property Details
On Market Date | 2025-04-07T12:35:06.5 |
Price | $1,333,333.00 |
Neighborhood | Northern Region |
Location | Lat: 45.582704, Lng: -62.641586 |
Square Feet | 16,037.00 |
Lot Size | 31,900.00 31900 |
Parking Features | Yes |
Heating | Other |
Water Source | Municipal |
Roof | Asphalt Shingle |
Flooring | Concrete,Wood |
Association Fee | 0.00 |
Listing Office Name | Royal LePage Atlantic |
Listing Agent | Sandra Pike |
MLS® | 202507006 |
No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all information should be confirmed by customer.