$1,600,000

Commercial For Sale In Downtown Dartmouth, Dartmouth, Nova Scotia

$1,600,000

Property Information:

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 Features:

  • Building Amenities: See Remarks, See Remarks
  • Building Features: Partially Fenced, Outside Storage
  • Built in: Y
  • Construction: Concrete
  • Documents on File: Other Documents
  • Driveway/Parking: Gravel
  • Fire Protection: Smoke Detector
  • Floor Space (approx): 2378 Square Feet
  • Flooring: Other
  • Fuel Type: Oil
  • Heating/Cooling Type: Forced Air, Furnace
  • Property Size: Under 0.5 Acres, Additional Land Available
  • Rental Equipment: None
  • Roof: Asphalt Shingle
  • Site Influences: Other, Other
  • Sub-type: Other, Residential Units
  • Title to Land: Freehold
  • Utilities: Municipal Water
  • Water Source: Municipal

Courtesy of: RE/MAX Nova (Halifax), RE/MAX Nova

Data provided by: Nova Scotia Association of REALTORS® 68 Highfield Park Drive, Suite 112, Dartmouth, Nova Scotia B3A 0E4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved