1 Queen Street
104-Truro/Bible Hill/Stewiacke Truro B2N 2A7

$825,000
Commercial

Main Photo: 1 Queen Street in Truro: 104-Truro/Bible Hill/Stewiacke Commercial for sale (Northern Region)  : MLS®# 202527836
Photo 1: 1 Queen Street in Truro: 104-Truro/Bible Hill/Stewiacke Commercial for sale (Northern Region)  : MLS®# 202527836
Photo 2: 1 Queen Street in Truro: 104-Truro/Bible Hill/Stewiacke Commercial for sale (Northern Region)  : MLS®# 202527836
Photo 3: 1 Queen Street in Truro: 104-Truro/Bible Hill/Stewiacke Commercial for sale (Northern Region)  : MLS®# 202527836
Photo 4: 1 Queen Street in Truro: 104-Truro/Bible Hill/Stewiacke Commercial for sale (Northern Region)  : MLS®# 202527836
Photo 5: 1 Queen Street in Truro: 104-Truro/Bible Hill/Stewiacke Commercial for sale (Northern Region)  : MLS®# 202527836
Photo 6: 1 Queen Street in Truro: 104-Truro/Bible Hill/Stewiacke Commercial for sale (Northern Region)  : MLS®# 202527836
Photo 7: 1 Queen Street in Truro: 104-Truro/Bible Hill/Stewiacke Commercial for sale (Northern Region)  : MLS®# 202527836
Photo 8: 1 Queen Street in Truro: 104-Truro/Bible Hill/Stewiacke Commercial for sale (Northern Region)  : MLS®# 202527836
Photo 9: 1 Queen Street in Truro: 104-Truro/Bible Hill/Stewiacke Commercial for sale (Northern Region)  : MLS®# 202527836
Photo 10: 1 Queen Street in Truro: 104-Truro/Bible Hill/Stewiacke Commercial for sale (Northern Region)  : MLS®# 202527836
Photo 11: 1 Queen Street in Truro: 104-Truro/Bible Hill/Stewiacke Commercial for sale (Northern Region)  : MLS®# 202527836
Photo 12: 1 Queen Street in Truro: 104-Truro/Bible Hill/Stewiacke Commercial for sale (Northern Region)  : MLS®# 202527836
Status:
Active
Prop. Type:
Commercial
MLS® Num:
202527836
Bus Major:
Other
Well-located mixed-use building in the heart of downtown Truro offering immediate residential income with significant commercial upside. The property features three fully occupied residential units (one 3-bedroom and two 2-bedroom apartments) with tenants paying their own utilities, providing stable cash flow. The main floor includes two high-exposure commercial units fronting Queen Street, currently vacant, offering an excellent value-add opportunity for an investor or owner-user. One unit was previously leased at $2,500 + HST per month owner suggests a potential rental rate of approximately $2,000 + HST per month, subject to market conditions and lease terms., with strong demand for retail, office, or service-based uses in this high-traffic location. Recent updates include vinyl windows, flooring, and ductless heat pumps. The building benefits from excellent visibility, walkable amenities, public parking nearby, and flexible commercial zoning. Ideal for investors seeking a mixed-use asset with upside through commercial lease-up, or an owner-operator looking to occupy one unit while benefiting from residential income. Financials, leases are available upon request
Prince street to Elm to Queen
Listing Sub-Area:
104-Truro/Bible Hill/Stewiacke
Property Type:
Commercial
Commercial Type:
Commercial Retail
Major Bus Type:
Other, Residential Units
Title To Land:
Freehold
Main Living Area:
1,656 sq. ft.
Floor Area:
1,656 sq. ft.
Building Dimenions:
Irregular
Prop Size:
Under 0.5 Acres
Lot Size:
5,218 sq. ft.
Outside Dimenions:
Irregular
Zoning:
DC
Construction:
Block
New Constr.:
No
Parking:
Yes
Driveway:
Dirt, Parking Spaces(s)
Parking Description:
4-5
# Floors:
2
Floor Finish:
Wood
Roof:
Asphalt Shingle
Heating:
Heat Pump -Ductless
Fuel:
Electric
Water Supply:
Municipal
Utilities:
Cable, Electrical, Municipal Water, Sewer, Telephone
Shopping Nearby, Visual Exposure, High Traffic Location, Public Parking
Air Conditioning, Laundry Facilities, Window Display
None
No
Assessment:
265600.0
Assessment Year:
2025
Rental Income:
Yes
Net Income:
36860
Gross Revenue:
53400
Total Expenses:
16540
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:
3 Bedroom
Lease 1 - Expiration Date:
01/07/26
Lease 1 - Occupant:
Occupied
Lease 1 - Rental Rate:
1500
Lease 2 - Net Rental Area:
2 Bedroom
Lease 2 - Occupant:
Occupied
Lease 2 - Rental Rate:
1475
Lease 3 - Net Rental Area:
2 Bedroom
Lease 3 - Occupant:
Occupied
Lease 3 - Rental Rate:
1400
Lease 4 - Net Rental Area:
commercial space 1
Lease 4 - Occupant:
Vacant
Lease 5 - Net Rental Area:
commercial space 2
Lease 5 - Occupant:
vacant
Possession Info:
Negotiable
  • Photo 1: 1 Queen Street in Truro: 104-Truro/Bible Hill/Stewiacke Commercial for sale (Northern Region)  : MLS®# 202527836
    Photo 1 of 12
  • Photo 2: 1 Queen Street in Truro: 104-Truro/Bible Hill/Stewiacke Commercial for sale (Northern Region)  : MLS®# 202527836
    Photo 2 of 12
  • Photo 3: 1 Queen Street in Truro: 104-Truro/Bible Hill/Stewiacke Commercial for sale (Northern Region)  : MLS®# 202527836
    Photo 3 of 12
  • Photo 4: 1 Queen Street in Truro: 104-Truro/Bible Hill/Stewiacke Commercial for sale (Northern Region)  : MLS®# 202527836
    Photo 4 of 12
  • Photo 5: 1 Queen Street in Truro: 104-Truro/Bible Hill/Stewiacke Commercial for sale (Northern Region)  : MLS®# 202527836
    Photo 5 of 12
  • Photo 6: 1 Queen Street in Truro: 104-Truro/Bible Hill/Stewiacke Commercial for sale (Northern Region)  : MLS®# 202527836
    Photo 6 of 12
  • Photo 7: 1 Queen Street in Truro: 104-Truro/Bible Hill/Stewiacke Commercial for sale (Northern Region)  : MLS®# 202527836
    Photo 7 of 12
  • Photo 8: 1 Queen Street in Truro: 104-Truro/Bible Hill/Stewiacke Commercial for sale (Northern Region)  : MLS®# 202527836
    Photo 8 of 12
  • Photo 9: 1 Queen Street in Truro: 104-Truro/Bible Hill/Stewiacke Commercial for sale (Northern Region)  : MLS®# 202527836
    Photo 9 of 12
  • Photo 10: 1 Queen Street in Truro: 104-Truro/Bible Hill/Stewiacke Commercial for sale (Northern Region)  : MLS®# 202527836
    Photo 10 of 12
  • Photo 11: 1 Queen Street in Truro: 104-Truro/Bible Hill/Stewiacke Commercial for sale (Northern Region)  : MLS®# 202527836
    Photo 11 of 12
  • Photo 12: 1 Queen Street in Truro: 104-Truro/Bible Hill/Stewiacke Commercial for sale (Northern Region)  : MLS®# 202527836
    Photo 12 of 12

Virtual Tour

Listed by Royal LePage Truro Real Estate
Data was last updated January 5, 2026 at 11:20 AM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$447,450
Min list price:
$97,900
Max list price:
$2,495,000
Avg days on market:
125
Min days on market:
6
Max days on market:
446
Avg price per sq.ft.:
$125.69
These statistics are generated based on the current listing's property type and located in 104-Truro/Bible Hill/Stewiacke. Average values are derived using median calculations. This data is not produced by the MLS® system.
JF MACIVOR