Overview
Description
This freestanding Foodland property is leased on a fully net basis to Sobeys, with the tenant responsible for all maintenance, repair, replacement to the premises and operating costs including, without limitation, the roof membrane, roof deck and flashing, HVAC, non-load bearing walls and parking facilities; the landlord is responsible for a very narrow definition of structure as defined in the lease. Strategically positioned on North Main Street, it anchors Westville’s primary commercial corridor and serves as the town’s dominant grocery store. The property also includes a Nova Scotia Liquor Corporation outlet constructed by Sobeys at their cost and sublet to NSLC — a capital investment that underscores Sobeys’ confidence in the site. With below-market rents, below-replacement-cost pricing, and a strong national covenant, this asset offers secure income and durable fundamentals in a stable market.
Contact us about this listing & It's History
Neighborhood Information
Westville, NS
Westville, located in Nova Scotia, Canada, is a small town rich in history and community spirit. Once a thriving mining town, Westville has transformed into a community that celebrates its history while looking towards the future. The surrounding areas are filled with natural beauty, offering residents stunning views and outdoor activities. However, as with any small town, the amenities and services may not be as abundant as in larger cities.
The town is home to the annual Westville Canada Day Celebration, which brings people from all over the region for festivities and fireworks. Westville is also known for its strong sense of community, where neighbors are friends and people look out for each other. The cost of living is relatively low compared to larger cities in Canada, making it an affordable place to live. On the downside, job opportunities in the town are limited, which might pose a challenge for young adults and professionals.
Westville has a population of around 3,798 people, according to the 2016 Census. With its close-knit community and charming character, Westville offers a peaceful and comfortable living experience.
70
Westville offers a peaceful and affordable lifestyle, but may be limited in terms of job opportunities and amenities. Overall, it's a good place to live for those seeking tranquility and community spirit, scoring a 70 out of 100.
Search Nearby Activities75
The quality of schools in Westville is generally good with dedicated staff and supportive community, earning a score of 75 out of 100.
Search Nearby Schools60
Entertainment options in Westville are moderate with annual events like the Canada Day Celebration, but lack the diversity of larger cities, scoring a 60 out of 100.
Search Nearby Restaurants80
Outdoor activities are abundant in the surrounding areas with hiking trails and natural beauty to explore, scoring an 80 out of 100.
Walk Score - 56%About Your Relator®
Jessica Mugford
Meet Jessica Mugford, a dynamic and enthusiastic Realtor® based in the heart of Sydney, NS. Born and raised in this picturesque coastal city, Jessica brings a deep-seated passion and a comprehensive understanding of the local market to her role. Her journey in real estate began at RE/MAX Park Place, where she served as an administrative professional specializing in contract review. This experience has provided her with invaluable insights into the industry, enhancing her expertise in managing real estate transactions with finesse.
Jessica's love for travel has broadened her perspective, allowing her to appreciate diverse lifestyles and housing needs, making her an ideal advisor for clients seeking to navigate the complexities of the real estate market. Coupled with her exceptional customer service skills, Jessica is committed to offering personalized and effective real estate solutions.
With deep rooted entrepreneurial ties to the community, Jessica has the foresight to recognize independent real estate opportunities, propose growth strategies and guide her clients through effective and efficient closing processes.
With Jessica Mugford, you can expect nothing less than a professional, tailored approach.
Phone: (902) 322-1684
Email: jessicamugford@remax.net
Office: Sydney
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Monthly mortgage and property tax payments are estimates for which we bear no responsibility.
Homeowners could also be subject to mortgage insurance premiums, homeowners insurance premiums, and other costs.
Property Details
| On Market Date | 2025-11-12T22:26:50.9 |
| Off Market Date | 2025-12-12 |
| Price | $1,125,000.00 |
| Year Built | 1963 |
| Neighborhood | Northern Region |
| Location | Lat: 45.559171, Lng: -62.712413 |
| Square Feet | 9,250.00 |
| Lot Size | 251,288.00 43831 |
| Parking Features | Yes |
| Heating | Baseboard,Forced Air,Heat Pump -Ducted,Space Heater |
| Water Source | Municipal |
| Roof | Steel |
| Flooring | See Remarks |
| Association Fee | 0.00 |
| Listing Office Name | MackCo Retail Partners Inc |
| Listing Agent | Peter MacKenzie |
| MLS® | 202527776 |
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.