Ayob Assali
REALTOR®
Bedford

1423 Fall River Road
30-Waverley, Fall River, Oakfield Fall River B2T 1J1

$1,145,000
Commercial

Front Of Structure
Photo 1: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
Photo 2: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
Photo 3: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
Photo 4: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
Photo 5: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
Photo 6: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
Photo 7: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
Photo 8: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
Photo 9: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
Photo 10: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
Photo 11: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
Photo 12: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
Photo 13: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
Photo 14: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
Photo 15: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
Photo 16: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
Photo 17: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
Photo 18: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
Photo 19: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
Photo 20: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
Photo 21: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
Photo 22: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
Photo 23: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
Photo 24: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
Photo 25: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
Photo 26: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
Photo 27: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
Photo 28: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
Photo 29: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
Photo 30: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
Photo 31: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
Photo 32: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
Status:
Active
Prop. Type:
Commercial
MLS® Num:
202526303
Bus Major:
Office
An exceptional opportunity to acquire a fully leased mixed-use investment property in the heart of Fall River, offering secure, long-term cash flow with no immediate leasing risk. With 100% occupancy and all commercial and residential space fully committe, this property provides investors with a strong, stable income stream from day one. This well-maintained 2.5-storey commercial/residential building was originally constructed in 1970, thoughtfully expanded in 2014 with the addition of a third level, and has benefited from significant renovations to the ground and main floors in 2025, minimizing near-term capital requirements. The property comprises two commercial suites totaling approximately 2,900 square feet (1,792 sq. ft. and 1,108 sq. ft.), anchored by a newly executed long-term lease, along with two residential apartments including a 650 sq. ft. lower-level suite and an 886 sq. ft. upper-level unit. The combination of diversified income, recent upgrades, and long-term tenancy makes this a rare opportunity for investors seeking dependable returns in one of Nova Scotia's most desirable and rapidly growing communities.
From Highway 2 heading North, turn left on to Fall River Road. Property will be on your left.
Listing Sub-Area:
30-Waverley, Fall River, Oakfield
Property Type:
Commercial
Commercial Type:
Office
Major Bus Type:
Office, Residential Units
Title To Land:
Freehold
Year built:
1970 (Age: 56)
Age:
55
Main Living Area:
4,436 sq. ft.
Floor Area:
4,436 sq. ft.
Prop Size:
Under 0.5 Acres
Lot Size:
17,594 sq. ft.
Zoning:
VMS
Construction:
Concrete, Wood Frame
New Constr.:
No
Parking:
Yes
Driveway:
Parking Spaces(s), Paved
Parking Description:
13 paved parking spaces
# Floors:
3
Floor Finish:
Wood, Other
Roof:
Asphalt Shingle
Heating:
Baseboard, Heat Pump -Ducted
Fuel:
Electric
Fire Protection:
Alarm, Monitored Alarm System, Smoke Detector
Water Supply:
Municipal
Utilities:
Cable, Electrical, Municipal Water, Sewer, Telephone
Outside Storage
Cleared, Visual Exposure
Air Conditioning, Living Accommodations, Security System, Ventilation System
None
No
Rental Income:
Yes
Business Tax Payer:
Tenant
Property Taxes Payer:
Owner
Heating Payer:
Owner
Hydro Payer:
Owner
Water Payer:
Owner
Insurance Payer:
Owner
Structural Maintenance Payer:
Owner
Exterior Maintenance Payer:
Owner
Interior Maintenance Payer:
Tenant
Lease 1 - Net Rental Area:
886 SF
Lease 1 - Expiration Date:
01/31/2027
Lease 1 - Occupant:
Wellness Studio
Lease 1 - Rental Rate:
$1,900/month
Lease 2 - Net Rental Area:
650 SF
Lease 2 - Expiration Date:
02/28/2027
Lease 2 - Occupant:
Residential Tenant
Lease 2 - Rental Rate:
$1,500/month
Lease 3 - Net Rental Area:
1,792 SF
Lease 3 - Expiration Date:
12/31/2029
Lease 3 - Occupant:
Wellness Studio
Lease 3 - Rental Rate:
$3,600/month
Lease 4 - Net Rental Area:
1,108 SF
Lease 4 - Expiration Date:
12/31/2029
Lease 4 - Rental Rate:
$2,000/month
Lease 4 - Occupant:
Wellness Studio
Possession Info:
Immediate
Listed Date:
Oct 21, 2025
Days on Mkt:
260
  • Photo 1: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
    Front Of Structure
  • Photo 2: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
    Front Of Structure
  • Photo 3: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
    Stairs
  • Photo 4: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
    Kitchen
  • Photo 5: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
    Kitchen
  • Photo 6: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
    Bathroom
  • Photo 7: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
    Bedroom
  • Photo 8: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
    Kitchen
  • Photo 9: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
    Deck
  • Photo 10: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
    Living Room
  • Photo 11: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
    Kitchen
  • Photo 12: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
    Living Room
  • Photo 13: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
    Living Room
  • Photo 14: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
    Hallway
  • Photo 15: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
    Basement
  • Photo 16: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
    Basement
  • Photo 17: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
    Basement
  • Photo 18: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
    Basement
  • Photo 19: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
    Other
  • Photo 20: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
    Basement
  • Photo 21: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
    Basement
  • Photo 22: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
    Bedroom
  • Photo 23: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
    Parking
  • Photo 24: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
    Parking
  • Photo 25: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
    Side Of Structure
  • Photo 26: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
    Side Of Structure
  • Photo 27: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
    Front Of Structure
  • Photo 28: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
    Front Of Structure
  • Photo 29: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
    Front Of Structure
  • Photo 30: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
    Side Of Structure
  • Photo 31: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
    Map
  • Photo 32: 1423 Fall River Road in Fall River: 30-Waverley, Fall River, Oakfield Commercial for sale (Halifax-Dartmouth)  : MLS®# 202526303
    Floor Plan
Listed by Keller Williams Select Realty (Branch) and Keller Williams Select Realty
Data was last updated July 8, 2026 at 09:20 PM (UTC)
Area Statistics
Listings on market:
103
Avg list price:
$499,900
Min list price:
$0
Max list price:
$9,900,000
Avg days on market:
105
Min days on market:
6
Max days on market:
1,237
Avg price per sq.ft.:
$204.09
These statistics are generated based on the current listing's property type and located in Halifax-Dartmouth. Average values are derived using median calculations. This data is not produced by the MLS® system.
Ally Thibodeau, REALTOR®
Ayob Assali, REALTOR®