101 Lawrence Boulevard
106-New Glasgow, Stellarton Stellarton B0K 1S0

$1,995,000
Commercial

Main Photo: 101 Lawrence Boulevard in Stellarton: 106-New Glasgow, Stellarton Commercial  (Northern Region)  : MLS®# 202319994
Photo 1: 101 Lawrence Boulevard in Stellarton: 106-New Glasgow, Stellarton Commercial  (Northern Region)  : MLS®# 202319994
Photo 2: 101 Lawrence Boulevard in Stellarton: 106-New Glasgow, Stellarton Commercial  (Northern Region)  : MLS®# 202319994
Photo 3: 101 Lawrence Boulevard in Stellarton: 106-New Glasgow, Stellarton Commercial  (Northern Region)  : MLS®# 202319994
Photo 4: 101 Lawrence Boulevard in Stellarton: 106-New Glasgow, Stellarton Commercial  (Northern Region)  : MLS®# 202319994
Photo 5: 101 Lawrence Boulevard in Stellarton: 106-New Glasgow, Stellarton Commercial  (Northern Region)  : MLS®# 202319994
Photo 6: 101 Lawrence Boulevard in Stellarton: 106-New Glasgow, Stellarton Commercial  (Northern Region)  : MLS®# 202319994
Photo 7: 101 Lawrence Boulevard in Stellarton: 106-New Glasgow, Stellarton Commercial  (Northern Region)  : MLS®# 202319994
Photo 8: 101 Lawrence Boulevard in Stellarton: 106-New Glasgow, Stellarton Commercial  (Northern Region)  : MLS®# 202319994
Photo 9: 101 Lawrence Boulevard in Stellarton: 106-New Glasgow, Stellarton Commercial  (Northern Region)  : MLS®# 202319994
Photo 10: 101 Lawrence Boulevard in Stellarton: 106-New Glasgow, Stellarton Commercial  (Northern Region)  : MLS®# 202319994
Photo 11: 101 Lawrence Boulevard in Stellarton: 106-New Glasgow, Stellarton Commercial  (Northern Region)  : MLS®# 202319994
Photo 12: 101 Lawrence Boulevard in Stellarton: 106-New Glasgow, Stellarton Commercial  (Northern Region)  : MLS®# 202319994
Photo 13: 101 Lawrence Boulevard in Stellarton: 106-New Glasgow, Stellarton Commercial  (Northern Region)  : MLS®# 202319994
Photo 14: 101 Lawrence Boulevard in Stellarton: 106-New Glasgow, Stellarton Commercial  (Northern Region)  : MLS®# 202319994
Photo 15: 101 Lawrence Boulevard in Stellarton: 106-New Glasgow, Stellarton Commercial  (Northern Region)  : MLS®# 202319994
Photo 16: 101 Lawrence Boulevard in Stellarton: 106-New Glasgow, Stellarton Commercial  (Northern Region)  : MLS®# 202319994
Photo 17: 101 Lawrence Boulevard in Stellarton: 106-New Glasgow, Stellarton Commercial  (Northern Region)  : MLS®# 202319994
Photo 18: 101 Lawrence Boulevard in Stellarton: 106-New Glasgow, Stellarton Commercial  (Northern Region)  : MLS®# 202319994
Photo 19: 101 Lawrence Boulevard in Stellarton: 106-New Glasgow, Stellarton Commercial  (Northern Region)  : MLS®# 202319994
Status:
Active
Prop. Type:
Commercial
MLS® Num:
202319994
Bus Major:
Residential Units
**Prime Commercial Property in Albion Business Park** Introducing a superb commercial opportunity sitting on a corner lot in the Albion Business Park. This modern building, just 11 years young, boasts a strategic location, seconds from the Pictou County Wellness Centre. This building is anchored by a thriving Subway franchise occupying a generous 2,100 sq. ft. Additionally, a new franchise to the county is set to energize the remaining 900 sq. ft. of main-level space in the forthcoming months. The second floor diversifies this investment, featuring two 2-bedroom apartments. Adjacent, the Pictou County Yoga studio has carved out its peaceful niche, contributing to the building's diverse tenant mix. Heading up one more level you'll find the expansive rooftop deck - an inviting space perfect for gatherings, tenant relaxation, and summer yoga classes. Embrace a truly hands-off investment approach. Tenants shoulder a plethora of responsibilities, from snow removal and landscaping to garbage services, standard maintenance, and utilities encompassing water, sewer, internet/wifi, and power. Amplifying the appeal, tenants cover 50% of insurance and a whopping 80% of property tax, drastically minimizing ongoing expenses. This property isn’t just an extremely solid investment in real estate—it's a stake in the future of Albion Business Park and the growing Pictou County community. Don’t miss this unparalleled opportunity to secure an asset with established tenants, minimal overhead, and undeniable potential. SELLER OPEN TO VTB for a portion of the purchase price.
Listing Sub-Area:
106-New Glasgow, Stellarton
Property Type:
Commercial
Commercial Type:
Commercial Retail
Major Bus Type:
Residential Units, Restaurant
Title To Land:
Freehold
Year built:
2012 (Age: 11)
Age:
11
Main Living Area:
6,000 sq. ft.
Floor Area:
6,000 sq. ft.
Prop Size:
1 to 2.99 Acres
Lot Size:
1.003 acre(s)
Zoning:
Com & Res
Construction:
Wood Frame
Parking:
Yes
Driveway:
Multiple Driveways, Parking Spaces(s), Paved
Parking Description:
Paved parking lot. Approximately 35 parking spots.
Floor Finish:
Concrete
Roof:
Rolled
Heating:
Central Air, Ducted Cooling
Fuel:
Electric
Fire Protection:
Hydrant
Water Supply:
Municipal
Utilities:
Cable, Electrical, Municipal Water, Sewer, Telephone
Doors Under 10 Ft, Lighting
Cleared, Public Transportation, Shopping Nearby, Visual Exposure, Corner Site, High Traffic Location, Industrial park
Air Conditioning, Living Accommodations, Public Washrooms, Security System, Ventilation System
None
No
101 LAWRENCE BLVD LOT 60 STELLARTON COMMERCIAL/APT MIX UNITS
Rental Income:
Yes
Net Income:
136803
Gross Revenue:
144600
Total Expenses:
7797
Business Tax Payer:
Tenant
Property Taxes Payer:
Unknown
Heating Payer:
Tenant
Hydro Payer:
Tenant
Water Payer:
Tenant
Insurance Payer:
Unknown
Structural Maintenance Payer:
Owner
Exterior Maintenance Payer:
Tenant
Interior Maintenance Payer:
Tenant
Lease 1 - Type:
Retail
Lease 1 - Net Rental Area:
2100
Lease 1 - Expiration Date:
Negotiable
Lease 1 - Occupant:
Burrnott Ltd. (Subway)
Lease 1 - Rental Rate:
$35psf
Lease 2 - Type:
Retail
Lease 2 - Net Rental Area:
900
Lease 2 - Expiration Date:
Negotiable
Lease 2 - Occupant:
Burrnott Ltd.
Lease 2 - Rental Rate:
$27psf
Lease 3 - Type:
# Residential Units
Lease 3 - Net Rental Area:
2 Bedroom Apartment
Lease 3 - Expiration Date:
Negotiable
Lease 3 - Occupant:
Burrnott Ltd.
Lease 3 - Rental Rate:
$1200/month
Lease 4 - Type:
# Residential Units
Lease 4 - Net Rental Area:
2 Bedroom Apartment
Lease 4 - Expiration Date:
Negotiable
Lease 4 - Rental Rate:
$1200/month
Lease 4 - Occupant:
Burrnott Ltd.
Lease 5 - Type:
Other
Lease 5 - Net Rental Area:
900
Lease 5 - Expiration Date:
2028
Lease 5 - Occupant:
Pictou County Yoga
Lease 5 - Rental Rate:
$20psf
Possession Info:
Negotiable
  • Photo 1: 101 Lawrence Boulevard in Stellarton: 106-New Glasgow, Stellarton Commercial  (Northern Region)  : MLS®# 202319994
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  • Photo 2: 101 Lawrence Boulevard in Stellarton: 106-New Glasgow, Stellarton Commercial  (Northern Region)  : MLS®# 202319994
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  • Photo 3: 101 Lawrence Boulevard in Stellarton: 106-New Glasgow, Stellarton Commercial  (Northern Region)  : MLS®# 202319994
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  • Photo 4: 101 Lawrence Boulevard in Stellarton: 106-New Glasgow, Stellarton Commercial  (Northern Region)  : MLS®# 202319994
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  • Photo 5: 101 Lawrence Boulevard in Stellarton: 106-New Glasgow, Stellarton Commercial  (Northern Region)  : MLS®# 202319994
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  • Photo 8: 101 Lawrence Boulevard in Stellarton: 106-New Glasgow, Stellarton Commercial  (Northern Region)  : MLS®# 202319994
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  • Photo 9: 101 Lawrence Boulevard in Stellarton: 106-New Glasgow, Stellarton Commercial  (Northern Region)  : MLS®# 202319994
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  • Photo 10: 101 Lawrence Boulevard in Stellarton: 106-New Glasgow, Stellarton Commercial  (Northern Region)  : MLS®# 202319994
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  • Photo 11: 101 Lawrence Boulevard in Stellarton: 106-New Glasgow, Stellarton Commercial  (Northern Region)  : MLS®# 202319994
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  • Photo 12: 101 Lawrence Boulevard in Stellarton: 106-New Glasgow, Stellarton Commercial  (Northern Region)  : MLS®# 202319994
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  • Photo 13: 101 Lawrence Boulevard in Stellarton: 106-New Glasgow, Stellarton Commercial  (Northern Region)  : MLS®# 202319994
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  • Photo 14: 101 Lawrence Boulevard in Stellarton: 106-New Glasgow, Stellarton Commercial  (Northern Region)  : MLS®# 202319994
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  • Photo 15: 101 Lawrence Boulevard in Stellarton: 106-New Glasgow, Stellarton Commercial  (Northern Region)  : MLS®# 202319994
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  • Photo 16: 101 Lawrence Boulevard in Stellarton: 106-New Glasgow, Stellarton Commercial  (Northern Region)  : MLS®# 202319994
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  • Photo 17: 101 Lawrence Boulevard in Stellarton: 106-New Glasgow, Stellarton Commercial  (Northern Region)  : MLS®# 202319994
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  • Photo 18: 101 Lawrence Boulevard in Stellarton: 106-New Glasgow, Stellarton Commercial  (Northern Region)  : MLS®# 202319994
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  • Photo 19: 101 Lawrence Boulevard in Stellarton: 106-New Glasgow, Stellarton Commercial  (Northern Region)  : MLS®# 202319994
    Photo 19 of 19
Listed by Turning Point Real Estate Limited
Data was last updated December 5, 2023 at 09:20 PM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$575,000
Min list price:
$139,000
Max list price:
$980,000
Avg days on market:
87
Min days on market:
33
Max days on market:
221
Avg price per sq.ft.:
$107.92
These statistics are generated based on the current listing's property type and located in 106-New Glasgow, Stellarton. Average values are derived using median calculations.
Beds (Min)
Any
1
2
3
4
5
Baths (Min)
Any
1
2
3
4
5
Priced between $ & $
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