10491 & 10493 Peggys Cove Road, Glen Margaret, NS (MLS® 202209507)

For Sale
 Commercial
Other
Apr. 27, 2022
Social Sharing
REALTOR®
Keith Kenny

Keith Kenny

Real Estate Agent
 (902) 817-8178 
 (902) 700-5950 

Overview

Listing Type:
 Commercial
Property Type:
Other
Listing Price:
$874,900
MLS® #:
202209507
PID #:
40060923
Building Age:
80
Main Living Area:
3,700 ft2
Water:
Drilled Well

Address

Street Address:
10491 & 10493 Peggys Cove Road
City:
Glen Margaret
Province:
NS
Postal Code:
B3Z 3G9
Country:
Canada

Description

10491 & 10493 Peggys Cove Road, Glen Margaret, NS (MLS® 202209507): COMMERCIAL & RESIDENTIAL OPPORTUNITY WITH 3 UNITS ON LAKEFRONT. Welcome to this incredible 1.4 acre property in Glen Margaret NS. Located just 30 minutes outside of Haifax, this oceanic community enjoys convenient commutes to local amenities in Tantallon, a short drive to the lighthouse at Peggy’s Cove and minutes to the new Sensea Nordic Spa (in progress) at the Oceanstone resort. This parcel has many options to speak of. At 3700 sq ft the main house has 2 residential units. Lower main unit has a generous living space, 9' ceilings, hardwood flooring, eat in kitchen, formal dining, 3 bedrooms, 2 bathrooms & attached garage. Upper loft-style unit has 2 large bedrooms, kitchen, family room, great room with exposed rafters & a rooftop patio overlooking the lake. 250 ft of waterfront on Fraser Lake with a walk-in beach and peninsula ideal for swimming, paddling and fishing. The second front building has 2000 sq ft of commercial space, but easily converted back to a house. Currently used a retail store with 130’ of road frontage on Peggys Cove Rd, which is arguably the most travelled tourist route in the province, with high visibility to locals, tourists, campers, seasonal cottagers and boaters. With it’s heritage curb appeal the building has been known to draw the attention & inquiries from the film industry in the past. Ample customer parking out front. Lightning fast internet. MU-1 zoning allows many commercial options including convenience/grocery, artisan shop, retail, restaurant, accommodations and more. 12x22 detached, wired shop at rear to house all the toys. With a high demand for Air B&B’s in the area, especially on the water, this property could be its own private mini resort, vacation getaway or wedding venue. Live and work on the property, rent out all 3 units, or take advantage of the built in mortgage helpers. This property is a must see for investors, business owners or those just looking for a great place to call home in St. Margaret’s Bay.

 Inclusions & Exclusions

Inclusions: Appliances

Building Details

Building Age:
80
Roof Material:
Asphalt Shingle
Flooring Type:
Wood
Main Living Area:
3,700 ft2
Finished Area:
5,831 ft2

Land Details

Title To Land:
Freehold
Water Frontage Type:
Access: Boat,View: Lake
Water Frontage:
255.00 Feet

Waterfront

Has Waterfront:
Yes
WaterFront Type:
Lake

 Virtual Tours of 10491 & 10493 Peggys Cove Road, Glen Margaret, NS (MLS® 202209507)

Utilities

  Electrical
  Septic
  Well

Demographics for 10491 & 10493 Peggys Cove Road, Glen Margaret, NS (MLS® 202209507)

 Dissemination Area 12090667 (Census Year: 2016)
Dissemination Area ID: 12090667
Census Year: 2016
Subdivision Name: Halifax
Population Count: 730
Private Dwellings Count: 399
Land Area: 68.6 Km2

Demographics Synopsis: 10491 & 10493 Peggys Cove Road, Glen Margaret, NS (MLS® 202209507) is located in Dissemination Area 12090667 that spans over 68.6 Km2 and has 399 private dwellings that are home for 730 people. This represents a population density of 10.6 persons per Km2. The Majority of dwellings in the area are occupied by the owners. The average age of the population in the area is 47.4 years old.

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