
Courtesy of: Leslie Zhang, , Sutton Group Professional Realty
$1,190,000
|
Other
|
$1,190,000
1990 Hammonds Plains Road Prime mixed-use (MU-1 zoned) commercial property spanning 28, 441 sqft on bustling Hammonds Plains Road, ideally positioned near Glenn Arber Golf Course and connecting Sackville to Bedford. This high-traffic corridor is rapidly growing, with new plazas enhancing the areas commercial vibrancy. The site features 2 buildings: 1. Main Building: Ground Floor: Leased to a thriving fish & chips/pizza restaurant (kitchen equipment owned by property owner), featuring a separate electrical meter, hot water tank, ducted HVAC, and 2 propane tanks. Upper Floor: Two 1-bedroom apartments (unit 2 was renovated in 2023), each with private laundry, kitchen appliances, and separate meters. Both units are rented at market rates. 2. Lighthouse Structure: Unfinished but powered, offering immediate potential to convert into retail/rental space for added income. Development Potential: The rear portion of the lot remains undeveloped, presenting opportunities for expansion or new construction under MU-1 zoning (mixed residential/commercial). Ideal for investors seeking stable cash flow + upside through strategic upgrades or land utilization. High visibility, proven tenancy, and growth in a booming corridorperfect for hands-on investors or developers. (id:203)