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 offices. 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:45785)
Business Type | Other, Other, Personal Services, Retail and Wholesale |
Business Sub Type | Other, Offices, Hairdressing Salon, Shopping center |
MLS® Number | 202503279 |
Property Type | Retail |
Neigbourhood | Sackville Business District |
Community Name | Lower Sackville |
Amenities Near By | Highway, Public Transit, Shopping |
Community Features | High Traffic Area |
Amenities | Air Conditioning |
Constructed Date | 1982 |
Construction Material | Steel Frame |
Cooling Type | Heat Pump |
Fire Protection | Alarm System, Smoke Detectors |
Flooring Type | Concrete, Wood |
Total Finished Area | 10498 Sqft |
Utility Water | Municipal Water |
Parking Space(s) | |
Paved Yard | |
Visitor Parking |
Access Type | Highway Access |
Acreage | Yes |
Land Amenities | Highway, Public Transit, Shopping |
Size Irregular | 1.0141 |
Size Total | 1.0141 Ac |
Size Total Text | 1.0141 Ac |
https://www.realtor.ca/real-estate/27935198/546-sackville-drive-lower-sackville-lower-sackville
Contact us for more information
Ian Macintyre
Denise Macdonell