1423 Fall River Road
30-Waverley, Fall River, Oakfield
Fall River
B2T 1J1
$1,145,000
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- 202526303
- Bus Major:
- Office
- Photos (32)
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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.412 m2
- Floor Area:
- 4,436 sq. ft.412 m2
- Prop Size:
- Under 0.5 Acres
- Lot Size:
- 17,594 sq. ft.1,635 m2
- 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
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Front Of Structure
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Front Of Structure
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Stairs
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Kitchen
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Kitchen
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Bathroom
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Bedroom
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Kitchen
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Deck
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Living Room
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Kitchen
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Living Room
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Living Room
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Hallway
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Basement
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Basement
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Basement
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Basement
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Other
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Basement
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Basement
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Bedroom
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Parking
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Parking
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Side Of Structure
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Side Of Structure
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Front Of Structure
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Front Of Structure
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Front Of Structure
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Side Of Structure
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Map
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Floor Plan
Larger map options:
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®
- Bedford
- 902-717-4824
- Contact by Email
- Ayob Assali, REALTOR®
- Bedford
- (902) 456 - 2686