$810,000
Zoning Change in Progress Exceptional Investment Opportunity. This unique property consists of two PIDs currently zoned Harbor Related Industrial (HRI), with a letter of rationale submitted to transition both to Commercial Light Industrial (CLI). The citys principal planner has indicated that the rezoning process will be a smooth transition, opening the door to a wide range of future development opportunities. PID #00019281 is grandfathered for residential use, providing added flexibility. Two on-site billboards generate over $8,000 annually in income, offering immediate revenue. Under CLI zoning, the property has the potential to build up to 30 meters in height, creating exceptional long-term value for investors and developers. Whether youre looking for an income-generating asset today or envisioning a large-scale development tomorrow, this property offers both stability and growth potential in a prime location. Documents available upon request. (id:45785)
Business
Business Type
|
Other |
Business Sub Type
|
Other |
Property Details
MLS® Number
|
202523020 |
Property Type
|
Other |
Neigbourhood
|
Convoy Place |
Community Name
|
Halifax |
Amenities Near By
|
Public Transit, Shopping |
Community Features
|
High Traffic Area, Industrial Park |
View Type
|
Harbour |
Building
Constructed Date
|
1957 |
Construction Material
|
Concrete Walls |
Fire Protection
|
Smoke Detectors |
Flooring Type
|
Other |
Total Finished Area
|
1859 Sqft |
Utility Water
|
Municipal Water |
Parking
Land
Access Type
|
Rail Access |
Acreage
|
No |
Land Amenities
|
Public Transit, Shopping |
Land Disposition
|
Cleared |
Size Irregular
|
0.2219 |
Size Total
|
0.2219 Ac |
Size Total Text
|
0.2219 Ac |
https://www.realtor.ca/real-estate/28847238/3709-barrington-street-halifax-halifax