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15 Main Street
102S-South of Hwy 104, Parrsboro and Area
Springhill
B0M 1X0
$1,350,000
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- 202527777
- Bus Major:
- Other
- Photos (9)
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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.984 m2
- Floor Area:
- 18,500 sq. ft.1,719 m2
- Prop Size:
- 1 to 2.99 Acres
- Lot Size:
- 1.37 acre(s)0.55 hectare(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
Larger map options:
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
- PROPERTIES & APPRAISALS LTD
- 1 (902) 755-4250
- Contact by Email


