110/112 Portland Street, Dartmouth, NS

$1,295,000

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4

Beds

0.12

Acres

About 110/112 Portland Street

Introducing an Exceptional Investment Opportunity at 110 and 112 Portland Street Nestled in the heart of Downtown Dartmouth, one of the most vibrant and thriving communities in Halifax Regional Municipality (HRM), is a commercial retail building like no other. This set of properties, encompassing approximately 5,000 square feet of prime real estate in Downtown Dartmouth zoning, presents an exciting prospect for investors and entrepreneurs alike as this zoning has the most potential for development in HRM. On one side, you have a 3 unit existing structure encompassing 2 two bedroom rental units and ground floor Commercial retail space that's located on a bustling walking street that benefits from a constant stream of foot traffic, ensuring excellent visibility and exposure for your venture. Downtown Dartmouth's reputation as a hub for entrepreneurship further enhances the appeal of this location. Adjacent to the building lies a vacant lot, a blank canvas that opens up a world of development possibilities. With the existing two 2-bedroom apartment units, strategically situated above and below the commercial space, this portfolio of 3 units boast a great avenue for investors to bring in income while exploring development plans. The Zoning in this area is an as of right development and potentially will allow 20-30 units depending on unit size with ground floor commercial. With its prime location, high foot traffic, and the thriving entrepreneurial spirit of Downtown Dartmouth, this property represents an opportunity brimming with potential. Whether you aim to start or expand a business, generate rental income from the residential units, or embark on a creative development project, the possibilities here are boundless. This community welcomes and encourages growth so don’t miss your chance to be a part of the evolution of Downtown Dartmouth. Contact us today to schedule a viewing and discover the numerous ways this property can work for you.

Features of 110/112 Portland Street

MLS® # 202403157
Price $1,295,000
Bedrooms 4
Bathrooms 0.00
Acres 0.12
Type Residential Income
Sub-Type Triplex
Status Active

Community Information

Address 110/112 Portland Street
Area Halifax - Dartmouth
Subdivision 10-A
City Dartmouth
County Halifax
Province NS
Postal Code B2Y 1H8

Amenities

Parking Shared
Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Furnace
Fireplace No
Has Basement Yes
Basement Finished

Exterior

Lot Description Under 0.5 Acres
Roof Asphalt
Construction Shingle Siding
Foundation Concrete Perimeter

School Information

Elementary Bicentennial School
Middle Bicentennial School
High Dartmouth High School

Additional Information

Days on Market 151
Zoning MU

Listing Details

OfficeRE/MAX Nova (Halifax)

Listing Map

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