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. (id:47421)
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Detailed Information
Listing Contract Date
2024-02-21
Location Description
Macdonald bridge towards Dartmouth,, Right onto Wyse road, Left onto windmill , Right onto Portland street
Municipal ID
00130179
Ownership Type
Freehold
Property Type
Retail
Transaction Type
For sale
Business
Business Type
Other, Residential
Business Subtype
Other, Residential
Building
Construction Material
Concrete Walls
Fire Protection
Smoke Detectors
Flooring Type
Other
Total Finished Area
2378 sqft
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Gravel
Land
Total Size
0.1151 acres
Fence Type
Partially fenced
Size of Irregular Land
0.1151
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