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$1,249,900
Est. payment /mo
8,960 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Halifax
MLS® Listing ID 202513600
Year Built 1940
Lot Size 8,960 Sqft
Acres 0.2057
Property Sub-Type Freehold
Property Description
Welcome to a rare investment opportunity in the heart of the city. Encompassing nearly three full-sized city lots under one PID, this expansive 8,961 sq ft property offers exceptional redevelopment potential in a highly desirable and rapidly growing location. The site currently features a 1,500 sq ft commercial building with a warehouse/office layout, attached to a 1,600 sq ft single-family home. Also included is a vacant lot presently used for parking, adding flexibility for future development or interim income use. The existing structures require capital investment and are being sold as is. Zoned ER-3, the property permits the development of up to 8 residential units, making it an attractive option for developers and investors seeking medium-density residential opportunities. Adding further value, the property benefits from grandfathered commercial zoning, presenting a rare opportunity for mixed-use or alternative development options that are increasingly difficult to secure in this area. Whether youre a developer, investor, or visionary builder, opportunities of this scale and zoning flexibility are seldom available. Secure a high-potential asset in one of the citys most sought-after corridors. (id:24570)
Location
Province NS
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters, Forced air, Heat Pump,
Cooling Heat Pump
Flooring Other
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Others
Ownership Freehold
Nearby School & Business
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