This retail in Halifax offers a 0.206 ac lot. Built in 1940. The property has lot dimensions of 0.2057. The home features other flooring, heat pump.
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:60351)
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Listed by Vinay Dhunna, RE/MAX Nova (Halifax)
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Listing represented by Vinay Dhunna, RE/MAX Nova (Halifax) · MLS# 202513598
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.