Heat Pump
$1,399,999
Welcome to a rare investment opportunity in the heart of the city. Encompassing nearly three full-sized city lots under one PID, this expansive 8,961 sq ft property offers exceptional redevelopment potential in a highly desirable and rapidly growing location. The site currently features a 1,500 sq ft commercial building with a warehouse/office layout, attached to a 1,600 sq ft single-family home. Also included is a vacant lot presently used for parking, adding flexibility for future development or interim income use. The existing structures require capital investment and are being sold as is. Zoned ER-3, the property permits the development of up to 8 residential units, making it an attractive option for developers and investors seeking medium-density residential opportunities. Adding further value, the property benefits from grandfathered commercial zoning, presenting a rare opportunity for mixed-use or alternative development options that are increasingly difficult to secure in this area. Whether youre a developer, investor, or visionary builder, opportunities of this scale and zoning flexibility are seldom available. Secure a high-potential asset in one of the citys most sought-after corridors. (id:63476)
Business
|
Business Type |
Other, Residential |
|
Business Sub Type |
Offices, Residential |
Property Details
|
MLS® Number |
202513600 |
|
Property Type |
Retail |
|
Community Name |
Halifax |
Building
|
Constructed Date |
1940 |
|
Construction Material |
Concrete Walls |
|
Cooling Type |
Heat Pump |
|
Flooring Type |
Other |
|
Total Finished Area |
3000 Sqft |
|
Utility Water |
Municipal Water |
Parking
Land
|
Acreage |
No |
|
Size Irregular |
0.2057 |
|
Size Total |
0.2057 Ac |
|
Size Total Text |
0.2057 Ac |