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43 Queen Street
405-Lunenburg County Chester B0J 1J0

$1,090,000
Commercial

Main Photo: 43 Queen Street, Chester, Nova Scotia
Photo 1: 43 Queen Street, Chester, Nova Scotia
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
202501376
Bus Major:
Residential Units
Opportunity awaits in the heart of Chester Village. This fabulous property has the perfect blend of commercial and residential use in a prime downtown location where excellent street visibility and high foot traffic offers great exposure for running a successful business. The main floor has a spacious 2,544 SF commercial space with a 50 person capacity indoors and an additional 16 on the street-side patio. The seaside charm is felt through cottage-style aesthetics with cozy seating arrangements, a large beach stone fireplace, and bright windows. The space is completed by 2 public bathrooms, a well-equipped commercial kitchen, and ample storage space, making it the perfect setup for a successful food establishment. Three modern and bright apartments include updated kitchens and baths–all equipped with ductless heat pumps and electric baseboard for year round heating. A detached outbuilding in the back of the lot is ready to be converted into an additional backyard suite to maximize the highest-and-best-use of this property. Nestled in the heart of the Village, this iconic location has been a popular gathering spot for many years, offering something for everyone. No matter who's behind the counter, the energy and charm of this place keep people coming back.
Highway 3 to Valley Road to Queen Street. Property on the right.
Listing Sub-Area:
405-Lunenburg County
Property Type:
Commercial
Commercial Type:
Other
Major Bus Type:
Residential Units, Restaurant
Title To Land:
Freehold
Year built:
1897 (Age: 128)
Age:
128
Main Living Area:
4,430 sq. ft.
Floor Area:
4,430 sq. ft.
Building Dimenions:
44' x 73' Irregular
Prop Size:
Under 0.5 Acres
Lot Size:
6,460 sq. ft.
Zoning:
Commercial
Construction:
Concrete, Wood Frame
New Constr.:
No
Parking:
Yes
Driveway:
Paved, Single
Parking Description:
2 single file parking spaces to the north of the building.
# Floors:
2
Floor Finish:
Concrete, Other, Wood
Roof:
Asphalt Shingle, Rolled
Heating:
Baseboard, Fireplace, Heat Pump -Ductless, Ductless Cooling
Fuel:
Electric, Propane
Fire Protection:
Smoke Detector
Water Supply:
Cistern
Utilities:
Cable, Electrical, Sewer
Doors Under 10 Ft, Grade Loading, Outside Storage, Storage Building, Wheelchair Accessible
Cleared, Shopping Nearby, Visual Exposure, High Traffic Location, Public Parking
Air Conditioning, Living Accommodations, Public Washrooms, See Remarks
Apartment appliances, some cafe equipment. See inclusions list.
See inclusions list.
Propane Tank
No
Rental Income:
Yes
Business Tax Payer:
Owner
Property Taxes Payer:
Owner
Heating Payer:
Tenant
Hydro Payer:
Tenant
Water Payer:
Owner
Insurance Payer:
Owner
Structural Maintenance Payer:
Owner
Exterior Maintenance Payer:
Owner
Interior Maintenance Payer:
Owner
Lease 1 - Net Rental Area:
Commercial - 2544 sq. ft.
Lease 1 - Expiration Date:
3 years
Lease 1 - Occupant:
Owner
Lease 1 - Rental Rate:
$3000
Lease 2 - Net Rental Area:
Apartment 1 - 584 sq. ft.
Lease 2 - Expiration Date:
Sep 30th, 2025
Lease 2 - Occupant:
Tenant
Lease 2 - Rental Rate:
$1390
Lease 3 - Net Rental Area:
Apartment 2 - 605 sq. ft.
Lease 3 - Expiration Date:
Periodic
Lease 3 - Occupant:
Tenant
Lease 3 - Rental Rate:
$1102
Lease 4 - Net Rental Area:
Apartment 3 - 300 sq. ft.
Lease 4 - Expiration Date:
June 30th, 2025
Lease 4 - Rental Rate:
$940
Lease 4 - Occupant:
Tenant
Possession Info:
Negotiable
Listed Date:
Days on Mkt:
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Listed by Engel & Volkers (Chester) and Engel & Volkers
Data was last updated January 23, 2025 at 06:30 AM (UTC)
SCOTT ROBINSON
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