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Listed by Vinay Dhunna • RE/MAX Nova (Halifax)
$1,249,900
Est. payment /mo
3,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $416
MLS Listing ID 202513600
HOA Y/N No
Year Built 1940
Lot Size 8,960 Sqft
Acres 0.2057
Property Sub-Type Retail
Source Nova Scotia
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 you're 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 city's most sought-after corridors.
Location
Province NS
County Halifax
Area 4-Halifax West
Zoning ER-3
Region Halifax - Dartmouth
City Region Halifax - Dartmouth
Interior
Heating Baseboard, Forced Air, Heat Pump
Flooring Other
Equipment No Rental Equipment
Fireplace No
Exterior
Utilities Available Electric
View Y/N No
Roof Type Asphalt
Garage No
Private Pool No
Building
Lot Description Under 0.5 Acres
Water Municipal
New Construction No
Others
Ownership Freehold
ParcelsYN No
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