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Rental Income Property With Waterview
Location: Canada -> Nova Scotia -> Pictou
Industry: Real Estate > Other Real Estate

Business Summary

Located in the historic harbour town of Pictou, this property consists of 6 units, two 2 bdr apts, three 1 bdr apts, plus a 2 bay garage with office space as well as additional office space above the garage. This additional space is also easily converted to another apartment if the extra office space is not needed. The garage currently houses our car dealership but as we are moving to a new location, this property will be available for a new owner for an asking price of $325,000.

All apartments enjoy a great view of the sailboats that cruise the touristy harbour. The town maintained walking trail which joins onto the Confederation Trail system is also located only steps from the front door.

Rental history has been strong and consistent in this property as it is well maintained and is conveniently located to all services. The property has a new roof and all new windows!

Paved parking in the front as well as parking to the rear. There is also a 12x14 barn for additional storage.

The property is located beside the factory where the world famous Grohmann Knives are made. This is a huge attraction in the town bringing bus tours on a regular bases, instant traffic for anyone who sets up beside them!

Also *available separately* if the purchaser is looking for additional room to develop we have available a 1 acre parcel of land with a rare water lot 3 acres in size...yup, you read that right, you could own the water rights out to the bank of the channel! Great opportunity to rent space to those looking to moor a boat as the local marina, only a few hundred feet away, is over crowded and boats are already doubled up. Also a great location to build your own marina! The land is ideal for someone to build condos right on the waterfront! This additional property is $350,000.

Trades considered for real estate, classic vehicles or other fun things!

Owner may also be able help with creative financing arrangements !


Asking Price Range:  $250K - $500K
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  1980
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Sale


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Rental Income Property With Waterview Photo 1 Rental Income Property With Waterview Photo 2 Rental Income Property With Waterview Photo 3

Print Listing Id: 700191651
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