4 beds · 4 baths · null
A Unique Opportunity at 525 Chebucto Street Seize the opportunity to own a prime piece of real estate in the vibrant village of Baddeck, Cape Breton. Perfectly situated on the bustling Chebucto Street, this exceptional commercial property at 525 Chebucto Street presents an unrivaled chance to capitalize on Baddeck?s growing popularity as both a tourist destination and a thriving community. This once home to a beloved restaurant and pub is brimming with potential and eagerly awaits its next chapter. This spacious commercial area is ideally suited for various business ventures, whether you envision a revival of its former glory as a dining and social hub or have a new and innovative concept ready to take shape. The possibilities are endless in this high-visibility location, where both locals and tourists frequent the area year-round. Adding to the property?s appeal are two well-maintained apartments, providing additional income opportunities or the convenience of on-site living. These residential spaces are a valuable asset, offering flexibility whether you?re looking to lease them out for steady rental income or occupy them yourself. The building?s character, with its unique layout and historic charm, now features a new roof as of 2024, offering a blank canvas for creative entrepreneurs or seasoned investors to tailor the space to their vision. The location on Chebucto Street ensures maximum exposure and easy access, making it an ideal spot for a restaurant, retail space, or a mixed-use development. Don?t miss out on this rare opportunity to own a landmark property in the heart of Baddeck. Whether you?re an aspiring business owner or a seasoned investor, 525 Chebucto Street is ready to become the cornerstone of your next successful venture. The village?s vibrant atmosphere, coupled with the property?s potential, makes this an opportunity not to be overlooked! (id:39198)
Building Type House, Detached
Year built
Square Footage
Stories 2
Bedrooms 4
Bathrooms 4
Parking
NeighbourhoodBaddeck
Land size 0.1993 ac
Heating type
Basement typeUnknown
Parking Type
Time on REALTOR.ca16 days
This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.
Brokerage Name: 3% Realty Nova Scotia
Home price
$699,000
Start with 2% down and save toward 5% in 3 years*
* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.
$6,358 / month
Rent $5,623
Savings $736
Initial deposit 2%
Savings target Fixed at 5%
Start with 5% down and save toward 5% in 3 years.
$5,604 / month
Rent $5,451
Savings $153
Initial deposit 5%
Savings target Fixed at 5%