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615 Prince Street, Truro, NS, B2N 1G2

MLS® # 202506158
Commercial For Sale In Truro, Nova Scotia
$780,000
615 Prince Street, Truro, NS
615 Prince Street, Truro, NS
615 Prince Street, Truro, NS
615 Prince Street, Truro, NS
615 Prince Street, Truro, NS
615 Prince Street, Truro, NS
615 Prince Street, Truro, NS
615 Prince Street, Truro, NS
615 Prince Street, Truro, NS
615 Prince Street, Truro, NS
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615 Prince Street, Truro, NS, B2N 1G2
$780,000

Property Information:

Own a high-quality mixed-use building in the heart of downtown Truro! This well-located property features a vibrant main level home to several established local businesses, ensuring steady business rental income. Above, three residential apartments provide additional cash flow, making this a well-balanced investment with multiple income streams. With its prime downtown location, tenants enjoy walkable access to shops, restaurants, and essential amenities, increasing long-term demand and value. Mixed-use properties in this area are seldom available, making this an excellent opportunity for investors seeking strong monthly cash flow and future appreciation. Don’t miss your chance to own a piece of Truro’s thriving downtown core! Please Note: 20 and 24 Louise St (18 +1 more approved units) available behind this one from the same owner. The owner would place value on selling all 3 buildings at the same time.

Property Features:

  • Built in: Y
  • Documents on File: Deed
  • Driveway/Parking: None
  • Fire Protection: Hydrant, Smoke Detector
  • Floor Space (approx): 5719 Square Feet
  • Flooring: Other
  • Fuel Type: Electric, Oil
  • Heating/Cooling Type: Baseboard, Heat Pump -Ductless, Hot Water
  • Property Size: Under 0.5 Acres
  • Rental Equipment: None
  • Roof: Metal
  • Site Influences: Visual Exposure, High Traffic Location, Visual Exposure, High Traffic Location
  • Sub-type: Other, Residential Units, Restaurant
  • Title to Land: Freehold
  • Utilities: Cable, Electrical, Sewer, Telephone
  • Water Source: Municipal

Data provided by: Nova Scotia Association of REALTORS® 68 Highfield Park Drive, Suite 112, Dartmouth, Nova Scotia B3A 0E4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 615 Prince Street, Truro, NS, B2N 1G2

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

33 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

13 storms expected in 2050

Projected Heat Risk: Moderate

33 hot days expected in 2050

40/100

Moderate

ClimateCheck®

Current data

This property, 615 Prince Street , experiences 7 hot days per year at around 28.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 33 hot days at 31.3 degrees Celsius.

Projected Avg. Temperature

Past
28.2℃
2050
31.3℃

# Hot Days Per Year

Past
7
2050
33

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

13 storms expected in 2050

75/100

Moderate-High

ClimateCheck®

Current data

This property, 615 Prince Street , experiences 11 significant 2-day storms per year, with about 396.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 494.6mm of precipitation per year.

Precipitation Per Storm

Past
396.4mm
2050
494.6mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 615 Prince Street, Truro, NS, B2N 1G2

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$97,879.64

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.61 %

High school certificate or equivalent

32.27 %

Apprenticeship trade certificate/diploma

6.99 %

College/non-university certificate

18.61 %

University certificate (below bachelor)

0.47 %

University Degree

23.05 %

Commuter

Travel To Work

By Car

81.41 %

By Public Transit

0.0 %

By Walking

13.84 %

By Bicycle

0.0 %

By Other Methods

4.75 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

56.24 %

Houses

43.76 %

Own Vs. Rent

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