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15 Main Street
102S-South of Hwy 104, Parrsboro and Area Springhill B0M 1X0

$1,350,000
Commercial

Main Photo: 15 Main Street in Springhill: 102S-South of Hwy 104, Parrsboro and Area Commercial for sale (Northern Region)  : MLS®# 202527777
Photo 1: 15 Main Street in Springhill: 102S-South of Hwy 104, Parrsboro and Area Commercial for sale (Northern Region)  : MLS®# 202527777
Photo 2: 15 Main Street in Springhill: 102S-South of Hwy 104, Parrsboro and Area Commercial for sale (Northern Region)  : MLS®# 202527777
Photo 3: 15 Main Street in Springhill: 102S-South of Hwy 104, Parrsboro and Area Commercial for sale (Northern Region)  : MLS®# 202527777
Photo 4: 15 Main Street in Springhill: 102S-South of Hwy 104, Parrsboro and Area Commercial for sale (Northern Region)  : MLS®# 202527777
Photo 5: 15 Main Street in Springhill: 102S-South of Hwy 104, Parrsboro and Area Commercial for sale (Northern Region)  : MLS®# 202527777
Photo 6: 15 Main Street in Springhill: 102S-South of Hwy 104, Parrsboro and Area Commercial for sale (Northern Region)  : MLS®# 202527777
Photo 7: 15 Main Street in Springhill: 102S-South of Hwy 104, Parrsboro and Area Commercial for sale (Northern Region)  : MLS®# 202527777
Photo 8: 15 Main Street in Springhill: 102S-South of Hwy 104, Parrsboro and Area Commercial for sale (Northern Region)  : MLS®# 202527777
Photo 9: 15 Main Street in Springhill: 102S-South of Hwy 104, Parrsboro and Area Commercial for sale (Northern Region)  : MLS®# 202527777
Status:
Active
Prop. Type:
Commercial
MLS® Num:
202527777
Bus Major:
Other
This freestanding Foodland property is leased on a fully net basis to Sobeys, with the tenant responsible for all maintenance, repair, replacement to the premises and operating costs including, without limitation, the roof membrane, roof deck and flashing, HVAC, non-load bearing walls and parking facilities; the landlord is responsible for a very narrow definition of structure as defined in the lease. Located on Main Street, the town’s dominant commercial corridor, the property is the only full-service grocery store in Springhill and a key anchor for essential retail in the trade area. A Nova Scotia Liquor Corporation outlet, constructed by Sobeys at their cost and sublet to NSLC, further enhances the site’s customer draw and demonstrates the tenant’s long-term commitment to the location. With below-market rents, below-replacement-cost pricing, and a national covenant, the asset provides investors with secure income and strong fundamentals in a stable market.
Foodland is located on Main Street in the heart of Springhill, Nova Scotia.
Listing Sub-Area:
102S-South of Hwy 104, Parrsboro and Area
Property Type:
Commercial
Commercial Type:
Commercial Retail
Major Bus Type:
Other
Title To Land:
Freehold
Year built:
1990 (Age: 35)
Age:
35
Main Living Area:
10,588 sq. ft.
Floor Area:
18,500 sq. ft.
Prop Size:
1 to 2.99 Acres
Lot Size:
1.37 acre(s)
Zoning:
CDwn
New Constr.:
No
Parking:
Yes
Driveway:
Paved
Parking Description:
Paved surface parking for 41 vehicles.
Floor Finish:
See Remarks
Roof:
Rolled
Heating:
Baseboard, Forced Air, Heat Pump -Ducted, Space Heater
Fuel:
Electric
Water Supply:
Municipal
None
No
15 MAIN ST LOT 6-1ABCDE SPRINGHILL GROCERY STORE
Rental Income:
Yes
Business Tax Payer:
Tenant
Property Taxes Payer:
Tenant
Heating Payer:
Tenant
Hydro Payer:
Tenant
Water Payer:
Tenant
Insurance Payer:
Tenant
Structural Maintenance Payer:
Owner
Exterior Maintenance Payer:
Tenant
Interior Maintenance Payer:
Tenant
Lease 1 - Net Rental Area:
10588
Lease 1 - Occupant:
Sobeys Capital Incorporated
  • Photo 1: 15 Main Street in Springhill: 102S-South of Hwy 104, Parrsboro and Area Commercial for sale (Northern Region)  : MLS®# 202527777
    Photo 1 of 9
  • Photo 2: 15 Main Street in Springhill: 102S-South of Hwy 104, Parrsboro and Area Commercial for sale (Northern Region)  : MLS®# 202527777
    Photo 2 of 9
  • Photo 3: 15 Main Street in Springhill: 102S-South of Hwy 104, Parrsboro and Area Commercial for sale (Northern Region)  : MLS®# 202527777
    Photo 3 of 9
  • Photo 4: 15 Main Street in Springhill: 102S-South of Hwy 104, Parrsboro and Area Commercial for sale (Northern Region)  : MLS®# 202527777
    Photo 4 of 9
  • Photo 5: 15 Main Street in Springhill: 102S-South of Hwy 104, Parrsboro and Area Commercial for sale (Northern Region)  : MLS®# 202527777
    Photo 5 of 9
  • Photo 6: 15 Main Street in Springhill: 102S-South of Hwy 104, Parrsboro and Area Commercial for sale (Northern Region)  : MLS®# 202527777
    Photo 6 of 9
  • Photo 7: 15 Main Street in Springhill: 102S-South of Hwy 104, Parrsboro and Area Commercial for sale (Northern Region)  : MLS®# 202527777
    Photo 7 of 9
  • Photo 8: 15 Main Street in Springhill: 102S-South of Hwy 104, Parrsboro and Area Commercial for sale (Northern Region)  : MLS®# 202527777
    Photo 8 of 9
  • Photo 9: 15 Main Street in Springhill: 102S-South of Hwy 104, Parrsboro and Area Commercial for sale (Northern Region)  : MLS®# 202527777
    Photo 9 of 9
Listed by MackCo Retail Partners Inc
Data was last updated November 14, 2025 at 01:20 PM (UTC)
Area Statistics
Listings on market:
61
Avg list price:
$550,000
Min list price:
$0
Max list price:
$3,200,000
Avg days on market:
67
Min days on market:
4
Max days on market:
1,093
Avg price per sq.ft.:
$126.22
These statistics are generated based on the current listing's property type and located in Northern Region. Average values are derived using median calculations. This data is not produced by the MLS® system.
JF MACIVOR