Welcome to this exceptional opportunity in the heart of Halifax on vibrant Quinpool Road. Ideally located within walking distance to all amenities, this high-visibility property offers strong income and long-term upside in one of the citys most sought-after corridors. This fully leased mixed-use building features both residential and commercial components. The upper level includes two residential units, each offering 2 bedrooms, providing stable rental income. The main level is fully commercial and equipped with a commercial-grade kitchen, spacious seating area, and dedicated storage ideal for restaurant, café, or other service-based operations. Zoned COR (Corridor Zone), the property allows for a wide variety of permitted uses, offering flexibility for investors and future potential for repositioning or redevelopment. The building is currently generating $9,500 per month in rental income, delivering an attractive 7.74% cap rate after expenses a rare find in this prime central location. Opportunities like this do not come to market often on Quinpool Road. Secure a high-performing asset in a thriving urban hub. (id:45785)
| Business Type | Restaurant, Residential |
| Business Sub Type | Restaurant, Residential |
| MLS® Number | 202603641 |
| Property Type | Retail |
| Community Name | Halifax |
| Amenities Near By | Public Transit, Shopping |
| Community Features | High Traffic Area |
| Constructed Date | 1952 |
| Construction Material | Concrete Walls |
| Flooring Type | Wood |
| Total Finished Area | 3200 Sqft |
| Utility Water | Municipal Water |
| Paved Yard | |
| Other |
| Acreage | No |
| Land Amenities | Public Transit, Shopping |
| Size Irregular | 0.0488 |
| Size Total | 0.0488 Ac |
| Size Total Text | 0.0488 Ac |
https://www.realtor.ca/real-estate/29415812/6430-quinpool-road-halifax-halifax
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Vinay Dhunna
Rimple Dhunna