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:47421)
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Detailed Information
Listing Contract Date
2025-06-05
Location Description
From Chebucto Road/ Quinpool Road, take to Oxford Street
Municipal ID
00023804
Ownership Type
Freehold
Property Type
Vacant Land
Transaction Type
For sale
Building
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Paved Yard
Land
Total Size
0.2057 acres
Sewer
Municipal sewage system
Size of Irregular Land
0.2057
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