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1 Queen Street
104-Truro/Bible Hill/Stewiacke
Truro
B2N 2A7
$825,000
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- 202527836
- Bus Major:
- Other
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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.154 m2
- Floor Area:
- 1,656 sq. ft.154 m2
- Building Dimenions:
- Irregular
- Prop Size:
- Under 0.5 Acres
- Lot Size:
- 5,218 sq. ft.485 m2
- 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
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Listed by Royal LePage Truro Real Estate
Data was last updated May 17, 2026 at 03:20 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
- PROPERTIES & APPRAISALS LTD
- 1 (902) 755-4250
- Contact by Email


