340 Reserve Street, Glace Bay

About this property

Spacious commercial building situated on a large 100 ft x 600 ft lot in Glace Bay, offering excellent investment and development potential. The property currently features three well-maintained two-bedroom apartments, with room to expand and add additional units. The building also includes a generous commercial space ideal for retail, storage, or a variety of business uses. A large overhang door allows for easy vehicle access, making it especially well-suited for contractors, construction or roofing companies needing secure equipment and material storage. This property is also an excellent option for seasonal vehicle storage, providing a practical solution for cars, trucks, or recreational vehicles during the winter months. The expansive rear lot adds even more versatility, with plenty of space for additional outdoor storage such as sea cans or the potential to develop a self-storage operation. Designed for efficiency and comfort, the residential units are well insulated and heated with electric heat, while the commercial space is equipped with both oil heat and a heat pump for year-round climate control. The property offers ample on-site parking and is located in a convenient, high-visibility area. With its large lot and flexible layout, this property presents a rare opportunity for investors, business owners, or developers looking to maximize both residential and commercial income streams. (id:66811)