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110/112 Portland Street, DARTMOUTH
2024-02-21
Quick Summary
- Location
- 110/112 Portland Street, DARTMOUTH, Nova Scotia B2Y1H8
- Price
- $1,399,000
- Status:
- For Sale
- Property Type:
- Multi-family
MLS®#202403157
Property Description
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 commercial. 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. (id:32467)
Property Features
Building
- Exterior Finish: Wood shingles
- Fireplace: No
- Flooring Type: Other
- Building Type: Triplex
- Utility Water: Municipal water
Land
- Land Size: 0.1151 ac
- Sewer: Municipal sewage system
Ownership
- Type: Timeshare/Fractional
Structure
- Structure: Shed
Information entered by RE/MAX Nova (Halifax)
Listing information last updated on: 2024-05-09 16:36:27
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Adrienne Briand BROKER/REALTOR®
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