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:4069)
Address
546 Sackville Drive
List Price
$2,250,000
Property Type
Multi-family
Type of Dwelling
Apartment
Area
Nova Scotia
Sub-Area
Lower Sackville
Lot Size
1.0141 Sq. Ft.
Year Built
1982
MLS® Number
202503280
Listing Brokerage
Red Door Realty
Basement Area
None
Postal Code
B4C2S2
Site Influences
Golf Course, Park, Playground, Public Transit, Shopping
