+11 more
0.049 ac
Lot
1952
Year Built
About This Property
This retail in Halifax offers a 0.049 ac lot. Built in 1952. The property has lot dimensions of 0.0488. The home features wood flooring.
MLS Remarks
Welcome to this exceptional opportunity in the heart of Halifax on vibrant Quinpool Road. Ideally located within walking distance to all amenities, this high-visibility property offers strong income and long-term upside in one of the citys most sought-after corridors. This fully leased mixed-use building features both residential and commercial components. The upper level includes two residential units, each offering 2 bedrooms, providing stable rental income. The main level is fully commercial and equipped with a commercial-grade kitchen, spacious seating area, and dedicated storage ideal for restaurant, café, or other service-based operations. Zoned COR (Corridor Zone), the property allows for a wide variety of permitted uses, offering flexibility for investors and future potential for repositioning or redevelopment. The building is currently generating $9,500 per month in rental income, delivering an attractive 7.74% cap rate after expenses a rare find in this prime central location. Opportunities like this do not come to market often on Quinpool Road. Secure a high-performing asset in a thriving urban hub. (id:60351)
Overview
Property Typecommercial
Sub-Type
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