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$ 2,250,000
Est. payment /mo
Active
546 Sackville Drive Lower Sackville, NS B4C2S2
1.01 Acres Lot
UPDATED:
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
Listed by Red Door Realty
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