546 Sackville Drive Active

Lower Sackville,NS B4C2S2

$ 2250000

- Bed

- Bath

0 SqFt


Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision Lower Sackville

MLS Listing ID 202503280

Originating Board Nova Scotia Association of REALTORS®

Year Built 1982

Lot Size 1.014 Acres

Acres 44174.195

Property Sub-Type Freehold

Property Description

Brilliant opportunity to acquire a high-profile multi-tenant commercial building and second lot on Sackville Drive with outstanding visibility and ample parking. At 44,173 sf (1.01 acres) over 2 PR (Pedestrian Retail) zoned PIDs, this is a prime site for future development. Building is occupied by 9 local businesses and offers +/- 10,498 sf of leasable space configured as retail, personal services and office premises. Income in place offers financial viability during planning and design phases. Opportunity exists to increase rental income in the immediate term and a newly commissioned planning brief outlines a path forward to maximize site potential via a Development Agreement or a Suburban Plan Submission. Preliminary massing under new Suburban Plan regulations indicates density potential of 97 to 147 residential units over 2 structures and 1 common podium. Transferrable Phase I ESA on file for buyers. Location is centre ice with proximity to Sackville drive amenities and transit. Act now to obtain further details on this exciting opportunity to establish a foothold in one of HRM?s fastest growing communities. (id:24570)

Location

Province NS

Exterior

Parking Features No

Community Features Recreational Facilities

View Y/N No

Private Pool No

Building

Sewer Municipal sewage system

Others

Ownership Freehold

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