Property Information:
CALLING ALL DEVELOPERS! Positioned minutes from Shelburne and a short walk to the hospital, this 27.3-acre property offers exceptional potential for redevelopment. The site includes multiple buildings with over 82,000 sq. ft. of space. While the existing buildings require major renovations, the property's size, access and location create a unique canvas for a wide variety of future uses ranging from residential to commercial, thanks to General Development (GC) zoning. Appraisal on file with as-is value of $822,000 as well as potential conversion of buildings to 77 residential units with completed value of $9,589,000. Property is potentially eligible for CMHC MLI Select Program, as well as NS Affordable Housing Program (buyers to verify based on intended development).
