16 Reserve Street, Glace Bay
Commercial Property with Flexible Use Potential. A substantial commercial building offering scale, functionality, and long-term potential. Formerly operating as V.J. McGillivray Funeral Home, the property is situated in the heart of Glace Bay, in a convenient and accessible location, and has been well maintained over the years. The building offers a large footprint with a practical layout, including multiple spacious rooms, a chapel area, private offices, and supporting service areas. This configuration provides flexibility for a range of commercial or institutional uses, whether continuing a similar operation or adapting the space for something new. An additional apartment located on the upper level provides further flexibilitysuitable for owner occupancy, staff accommodation, or potential rental income. Possible uses include professional offices, medical or wellness services, community or institutional space, or other permitted commercial uses (subject to zoning). The property also features ample on-site parking and a wired garage with capacity for multiple vehicles, adding to its overall utility. A solid opportunity for investors, owner-operators, or developers looking for a well-located property with redevelopment or repositioning potential. (id:1945)
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Property details for 16 Reserve Street, Glace Bay
- Type
- Commercial
- Lot Size
- 0.8672
- Parking
- Paved Yard, Parking Space(s)
- Heating
- Baseboard heaters, Oil, Electric, Radiator, Furnace
- Ownership
- Freehold
Nearby Listings Stat
Estimated price and comparable properties near 16 Reserve Street
Active Listings
67
Min Price
$7,000
Max Price
$825,000
Avg Price
$193,067
Days on Market
131
days
Sold Listings
11
Min Sold Price
$24,900
Max Sold Price
$499,000
Avg Sold Price
$215,555
Days until Sold
136
days
Neighbourhood Census Data
Cape Breton, Nova Scotia / Nouvelle-Écosse
Population
455
Median Age
44.9
Median Income
$25,472
Dwelling Value
$100,079
Housing Tenure
Owners 54%
Renters 46%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.2
Pop. Density: 1,391.4/km²
Avg Shelter Cost: $891/mo
Owners with Mortgage: 52.2%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 60%
English only: 98.9%
English and French: 1.1%
Median Household Income: $39,424
Median Employment Income: $23,872
Price History
Listed
May 6, 2026
by RE/MAX Park Place Inc.
Current Price
$825,000
-10.8% from last change
Type
Commercial
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $825,000 | $100,000 (-10.8%) |
| Jul 20, 2026 | $925,000 | Listed |
