MLS® 202209507
List Price$874,900
PID40060923
TypeOther
Main Living Area 3,700 ft2
Finished Area 5,831 ft2
Age 80
Lot Size
List Date Apr. 27, 2022 (25 Days)

Overview

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.

Listing Courtesy of: Royal LePage Anchor Realty


Inclusions

Appliances


Utilities

  • Electrical
  • Septic
  • Well

Waterfront

  • Lake


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Homes in HRM

Sheila Banser is an award-winning REALTOR® at Royal LePage Atlantic in Halifax, Nova Scotia. Since 2003, Sheila has been helping clients buy and sell their homes in Halifax, Bedford, Dartmouth, Hammonds Plains, Sackville, Timberlea, Fall River and beyond.

Contacts

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