Property Information:
The subject property represents a Mixed-Use Commercial/Residential Development site located in the Town of Stellarton. Seller is motivated. Current architect design calls for 2 x 6 storey concrete buildings with ample parking. Building layout includes 10,602 square feet of ground floor commercial space and 5 stories of residential totalling 154 units (77 units each). Unit mix includes 88 x 1 Bedroom, 56 x 2 Bedroom, and 10 x 2 Bedroom plus Den. The land is located in Town of Stellarton, within Pictou County. Pictou County is the second highest vehicle point of entry into Nova Scotia. Stellarton is immediately to the south of New Glasgow, and 60 km north of Truro. The subject land is close to other amenities such as two retail strip malls, services, restaurants, and hotels.
