Overview
Description
Prime Downtown Mixed-Use Investment on Sydney's Charlotte Street Here's a rare chance to own a tenanted mixed-use building in the heart of downtown Sydney. This 4-unit property pairs a strong commercial main floor with three residential apartments upstairs, giving you diversified income from day one. One apartment is vacant right now, so you can pick the tenant yourself or move in. The main floor is anchored by an established, licensed restaurant and gift shop, a destination business that draws customers all year. Upstairs, the apartments add residential income and help balance the portfolio. Location is the story here. The building sits on the newly renovated Charlotte Street corridor, surrounded by banks, the post office, professional offices and downtown amenities that keep foot traffic steady in every season. From spring through fall, cruise ship passengers fill the downtown streets, putting thousands of visitors right at the front door. With an anchor tenant in place, a high-visibility address and a cap rate that stands out in today's market, this is the kind of opportunity investors wait for. Properties like this don't come up often on Charlotte Street, so book your viewing today.
Contact us about this listing & It's History
Neighborhood Information
Sydney, NS
Sydney is the largest urban centre on Cape Breton Island, in Nova Scotia, Canada. Located on the east coast of the island, Sydney boasts a natural harbour and beautiful waterfront. The city is known for its rich history, with a blend of cultures contributing to its unique charm. Sydney's attractions include the Sydney Opera House, Harbour Bridge, and Royal Botanic Garden, which attract tourists from around the world. The city offers a good balance of urban life and nature, with nearby Cabot Trail and Bras d'Or Lake offering stunning outdoor experiences.
The city has a friendly atmosphere, with a community-focused lifestyle. However, it can experience harsh winter weather, which might be a con for some. The cost of living is generally affordable compared to larger cities, making it an attractive place for families and retirees. The local economy is diverse, with industries including tourism, healthcare, and education.
75
Sydney is a desirable place to live, with its balance of urban amenities and access to nature. It offers a lower cost of living compared to larger cities, but job opportunities can be limited. The community is friendly and welcoming, making it a great place for families and individuals seeking a slower pace of life. City Score: 75.
Search Nearby Activities70
The schools in Sydney offer a strong education with a focus on community engagement. However, options may be limited compared to larger cities. Schools Score: 70.
Search Nearby Schools80
Sydney provides a good range of entertainment options, from cultural events at the Sydney Opera House to local festivals and concerts. There are also numerous pubs, restaurants, and shopping venues. Entertainment Score: 80.
Search Nearby Restaurants85
For outdoor activities, Sydney is hard to beat. Local opportunities for hiking, fishing, boating, and exploring nature trails abound. The nearby Cabot Trail and Bras d'Or Lake are popular spots for outdoor adventures. Outdoor Activities Score: 85.
Walk Score - 85%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 | 2026-10-16T00:12:04.8 |
| Price | $450,000.00 |
| Neighborhood | Cape Breton |
| Location | Lat: 46.138962, Lng: -60.195121 |
| Square Feet | 5,332.00 |
| Lot Size | 4,000.00 4000 |
| Parking Features | Yes |
| Heating | Baseboard,Ductless Cooling |
| Water Source | Municipal |
| Construction Materials | Concrete |
| Roof | Asphalt Shingle |
| Flooring | Other |
| Association Fee | 0.00 |
| Assessments | 141600 |
| Listing Office Name | Viewpoint Realty Services Inc. (Sydney) |
| Listing Agent | David MacLeod |
| MLS® | 202625967 |
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.