110/112 Portland Street (MLS® 202403157)

Dartmouth, NS, B2Y 1H8

Summary

MLS ®:
 202403157
Price:
 $1,600,000
Status:
 Active
District:
 10
Zoning:
 MU
Property Type:
 Triplex
Title To Land:
 Fractional

Income

Income Details:
Call 902-499-7886

Expenses

Expense Details:
Call 902-499-7886

Property Overview

110/112 Portland Street, Dartmouth (MLS® 202403157): 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.

Listing Courtesy of: RE/MAX Nova (Halifax)

Directions

Macdonald bridge towards Dartmouth,, Right onto Wyse road, Left onto windmill , Right onto Portland street

Building Specs.

Building Dimensions:
19x40
Foundation Type:
Concrete
Roof Material:
Asphalt Shingle
Exterior Finish:
Wood Shingles
Flooring Type:
Other
Heating & Cooling:
Forced Air, Furnace
Water:
Municipal
Sewage:
Municipal
Title:
Fractional

Garage & Parking

Garage:
No
Parking:
Back Parking Lot
Driveway/Parking:
Shared

Schools

Elem. School: Bicentennial School
Elem. School (French Imm.): Shannon Park Elementary School
Mid. School: Bicentennial School
Mid. School (French Imm.): Dartmouth South Academy
High School: Dartmouth High School
High School (French Imm.): Dartmouth High School

Rental Equipment

None

Map

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