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Excellent Investment / Development Opportunity

Excellent investment opportunity with great development potential. This turnkey fully leased multi-use commercial building in Dartmouth, near MacDonald bridge consists of 3 residential units and 1 commercial unit. This is a prime location in an area of Dartmouth that is undergoing urban renewal. It is under the current "HRM By Design" redevelopment planning. Building currently consists of: 1 - 2 bedroom apartment, 1 -1 bedroom apartment, 1 - bachelor apartment, 1 - commercial office, 1 - 24' x 12' + storage in walkout basement. Parking available in front for four cars, one car on side and two in the back. Original building was constructed in the 1950's, extension was constructed around 1978, many upgrades and renovations since including new roof in 2017. by the current owner. TLA: 2000 sq. ft.

Asking price 
$349,900  $275,546 USD* - £198,288 GBP* - €224,461 EUR*
HST - HST over and
Tradewinds ID# - 10759
MLS  # - 201801044
PID# - 00070888
Lot 5 - 258 Wyse Road, Dartmouth, Halifax County
Chrystal Kennedy
Chrystal Kennedy
Tradewinds Associate
C: 902-476-6686
* denotes required fields

Property Information

  • Approx Building Age:
  • 67
  • Dimensions ±:
  • +/- 40' x 25'
  • Living Area:
  • 2000 sq.ft.
  • Lot Size ±:
  • 4,343 sq. ft.
  • Assessment:
  • $189,900 (2017)
  • Sewer:
  • Municipal
  • Water:
  • Municipal
  • Zoning:
  • R-4 C-3
  • Heating:
  • Natural Gas/Baseboard/Furnace
  • Basement:
  • Walk-Out
  • Garage/Other:
  • None

Extras

1 - 1 bedroom apartment
1 - bachelor apartment
1 - commercial office
1 - 24' x 12' + storage in walkout basement

Remarks

Inclusions: 3 fridges and 3 stoves

Parking Details: Parking in front for four cars, one car on side and two in the back.

HST applicable

Directions

Corner of Wyse Road and Russell Street, Dartmouth.