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 at 1 Queen Street in downtown Truro, offering excellent visibility and strong commercial potential. This revenue property features three fully occupied residential units (one 3-bedroom and two 2-bedroom apartments) with tenants responsible for their own utilities. Two main-floor commercial spaces front Queen Street, with one currently leased and the other vacant—presenting a clear value-add opportunity for investors or owner-operators. Recent upgrades include vinyl windows, updated flooring, and efficient ductless heat pumps. Conveniently located near shopping, services, public parking, and high foot traffic, this asset is well suited for long-term investment or owner occupancy. Financials and leases 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:
58760
Gross Revenue:
75300
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:
1825 + HST
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
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  • Photo 2: 1 Queen Street in Truro: 104-Truro/Bible Hill/Stewiacke Commercial for sale (Northern Region)  : MLS®# 202527836
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  • Photo 3: 1 Queen Street in Truro: 104-Truro/Bible Hill/Stewiacke Commercial for sale (Northern Region)  : MLS®# 202527836
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  • Photo 4: 1 Queen Street in Truro: 104-Truro/Bible Hill/Stewiacke Commercial for sale (Northern Region)  : MLS®# 202527836
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  • Photo 5: 1 Queen Street in Truro: 104-Truro/Bible Hill/Stewiacke Commercial for sale (Northern Region)  : MLS®# 202527836
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  • Photo 6: 1 Queen Street in Truro: 104-Truro/Bible Hill/Stewiacke Commercial for sale (Northern Region)  : MLS®# 202527836
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  • Photo 7: 1 Queen Street in Truro: 104-Truro/Bible Hill/Stewiacke Commercial for sale (Northern Region)  : MLS®# 202527836
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  • Photo 8: 1 Queen Street in Truro: 104-Truro/Bible Hill/Stewiacke Commercial for sale (Northern Region)  : MLS®# 202527836
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  • Photo 9: 1 Queen Street in Truro: 104-Truro/Bible Hill/Stewiacke Commercial for sale (Northern Region)  : MLS®# 202527836
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  • Photo 10: 1 Queen Street in Truro: 104-Truro/Bible Hill/Stewiacke Commercial for sale (Northern Region)  : MLS®# 202527836
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  • Photo 11: 1 Queen Street in Truro: 104-Truro/Bible Hill/Stewiacke Commercial for sale (Northern Region)  : MLS®# 202527836
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  • Photo 12: 1 Queen Street in Truro: 104-Truro/Bible Hill/Stewiacke Commercial for sale (Northern Region)  : MLS®# 202527836
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Virtual Tour

Listed by Royal LePage Truro Real Estate
Data was last updated May 17, 2026 at 01:20 PM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$522,450
Min list price:
$149,900
Max list price:
$2,395,000
Avg days on market:
205
Min days on market:
19
Max days on market:
523
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