340 Reserve Street, GLACE BAY

2026-07-01
 

Quick Summary

Location
340 Reserve Street, GLACE BAY, Nova Scotia B1A1C6
Price
$650,000 CAD
Status:
For Sale
Property Type:
Business

MLS®#202616017

Property Description

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:32467)

Property Features

Building

  • Amenities: Living Accommodation
  • Cooling Type: Air Conditioned
  • Fireplace: No
  • Flooring Type: Concrete
  • Utility Water: Municipal water

Land

  • Land Size: 1.3805 ac|1 - 3 acres

Ownership

  • Type: Freehold

Information entered by RE/MAX Park Place Inc.
Listing information last updated on: 2026-07-01 08:09:09


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty East Inc's posted commission rates compared to a brokerage charging 5%. (HST is extra). Not all agents charge the same.

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What is the deal exactly, with One Percent Realty East?

We are a fully licensed real estate brokerage offering the same top-tier services and exposure as the big names in the industry—but at a lower commission rate. Here's what you can expect when you work with us: ✅ Full MLS® system listing ✅ Exposure on all major internet real estate platforms ✅ Professional signage (where permitted) ✅ Property showings and open houses ✅ Strategic advertising to attract buyers ✅ Skilled negotiation to secure the best deal ✅ Seamless conveyancing to ensure a smooth closing With us, you’re getting everything you need to sell your property successfully—just without the high commission fees.

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What do you charge?

Simple, Transparent Pricing—No Surprises! Our commission structure is designed to save you money while providing top-tier service: • Residential Properties Under $400,000: $7,950 • Residential Properties Between $400,000 and $900,000: $9,950 • Residential Properties Over $900,000: 1% of the sale price + $950 Plus applicable taxes. Optional Flexibility: You have the option to offer additional commission to the buyer's agent. The choice is entirely yours! For commercial properties, farms, or development properties, please contact a One Percent Realty East agent directly or fill out the market evaluation form at the bottom right of our website. An agent will be in touch to discuss your specific needs. It’s that simple. Maximum service, minimum commission!

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Yes, yes, and yes! Our listings receive maximum exposure on the MLS® system, REALTOR.ca®, and all major real estate websites, ensuring your property gets seen by as many potential buyers as possible. With us, you’re never compromising on visibility—just saving on commission!


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