Listing by: Brigitte Teleu, RE/MAX Nova (Halifax)
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0 Beds
n/a Full bath
2,378 SqFt
Active
Introducing an Exceptional Investment Opportunity at 110 and 112 Portland Street Nestled in the heart of Downtown Dartmouth, one of the most vibrant and thriving communities in Halifax Regional Municipality (HRM), is a commercial retail building like no other. This set of properties, encompassing approximately 5,000 square feet of prime real estate in Downtown Dartmouth zoning, presents an exciting prospect for investors and entrepreneurs alike as this zoning has the most potential for development in HRM. On one side, you have a 3 unit existing structure encompassing 2 two bedroom rental units and ground floor Commercial retail space that's located on a bustling walking street that benefits from a constant stream of foot traffic, ensuring excellent visibility and exposure for your venture. Downtown Dartmouth's reputation as a hub for entrepreneurship further enhances the appeal of this location. Adjacent to the building lies a vacant lot, a blank canvas that opens up a world of development possibilities. With the existing two 2-bedroom apartment units, strategically situated above and below the commercial space, this portfolio of 3 units boast a great avenue for investors to bring in income while exploring development plans. The Zoning in this area is an as of right development and potentially will allow 20-30 units depending on unit size with ground floor commerical. With its prime location, high foot traffic, and the thriving entrepreneurial spirit of Downtown Dartmouth, this property represents an opportunity brimming with potential. Whether you aim to start or expand a business, generate rental income from the residential units, or embark on a creative development project, the possibilities here are boundless. This community welcomes and encourages growth so don’t miss your chance to be a part of the evolution of Downtown Dartmouth. Contact us today to schedule a viewing and discover the numerous ways this property can work for you.
Property Details | ||
---|---|---|
Price | $1,600,000 | |
Acres | 0.1151 | |
Property Type | Commercial | |
MLS Sub type | Commercial Retail | |
Features | Municipal Water | |
Exterior Features | Partially Fenced,Outside Storage | |
Subdivision | 10-A | |
Roof | Asphalt Shingle | |
Heating | Forced Air,Furnace | |
Parking Description | No | |
Association Name | Nova Scotia Association of REALTORS® | |
Association Amenities | Partially Fenced,Outside Storage | |
Geographic Data | ||
Directions | Macdonald bridge towards Dartmouth,, Right onto Wyse road, Left onto windmill , Right onto Portland street | |
County | Halifax | |
Latitude | 44.6665128 | |
Longitude | -63.5655194 | |
Market Area | Halifax - Dartmouth | |
Address Information | ||
Address | 110/112 Portland Street, Dartmouth, NS B2Y 1H8 | |
Postal Code | B2Y 1H8 | |
City | Dartmouth | |
State | NS | |
Country | Canada | |
Listing Information | ||
Listing Office | RE/MAX Nova (Halifax) | |
Listing Agent | Brigitte Teleu | |
MLS Information | ||
MLS Status | Active | |
Listing Date | Feb 21, 2024 | |
Listing Last Modified | Feb 21, 2024 | |
MLS Area | Halifax - Dartmouth | |
MLS # | 202403156 |
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This information is believed to be accurate, but without any warranty.